228 Main St, Warwick, MD, 21912 | $257/mo Cash Flow

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228 Main St, Warwick, MD, 21912 | $257/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Warwick at 228 Main St, Warwick, MD, 21912 listed at $158,000 pairs $1,239/mo rent with a $773/mo payment to leave $257/mo cash flow. Total monthly income runs $1,239/mo, and annual cash flow reaches $3,080/yr on $52,377 cash to close. Return on cash invested measures 25.79% in year one, and rental yield registers 9.41% at a $158,000 basis. Equity gained on principal adds $1,020/yr, and annual property appreciation at 5% supports $43,652 by year five. Five-year ROI tracks 134.44% and total cumulative return in cash totals $70,414. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,239/mo property income relative to a $773/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1946

0.38 Acres lot

$N/A/sqft

No HOA

More details about the property

Investor Special! 228 Main St., Warwick, MD, is a diamond in the rough, offered AS-IS in a prime location just minutes from vibrant Middletown, Delaware. Perfect for rehabbers or developers looking to capitalize on a great opportunity. This property boasts excellent proximity to local amenities, schools, and major routes, making it ideal for a fixer-upper or redevelopment project. Bring your vision and transform this property into a gem! Could be purchased with 236 Main Street to increase lot size. Dont miss this chance to invest in a high-potential location

Neighborhood Data

Neighborhood data shown for ZIP Code: 21912, Warwick, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	552 (100%)
Owner Occupied HU	377 (68.3%)
Renter Occupied HU	118 (21.4%)
Vacant Housing Units	57 (10.3%)
Median Home Value	$567,665
Average Home Value	$524,224