23 Salt Spray DrBerlinMD21811








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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


Investment Highlights
Investment property for sale in Berlin at 23 Salt Spray Dr, Berlin, MD, 21811 at $220,000 posts ROI 25.66% with $350/mo cash flow from $1,868/mo rent. Total monthly income equals $1,868/mo, and annual cash flow records $4,194/yr on $72,930 to close. Return on cash invested measures 25.66% and rental yield reads 10.19% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 134.64% and total cumulative return in cash totals $98,195.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,868/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
2,080 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21811, Berlin, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,557 (100%) |
| Owner Occupied HU | 8,949 (54.0%) |
| Renter Occupied HU | 2,329 (14.1%) |
| Vacant Housing Units | 5,279 (31.9%) |
| Median Home Value | $402,871 |
| Average Home Value | $482,648 |
Housing Distribution
Address Breakdown
Residential
13,440
Single Family
11,760
Multi-Family
1,680
Businesses
837
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