2302 Woodland CtPocomoke CityMD21851
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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
Investment Highlights
Investment property for sale in Pocomoke City at 2302 Woodland Ct, Pocomoke City, MD, 21851 earns $275/mo cash flow from $3,229/mo rent with a $2,325/mo payment. Total monthly income totals $3,229/mo, and annual cash flow totals $3,295/yr on $157,463 capital. ROI tracks 22% on current figures, and rental yield reads 8.16% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 114.1% and total cumulative return in cash sums $179,671. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,229/mo property income instead of your personal income.
Single Family
Built in 2005
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21851, Pocomoke City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,418 (100%) |
| Owner Occupied HU | 2,010 (58.8%) |
| Renter Occupied HU | 1,036 (30.3%) |
| Vacant Housing Units | 372 (10.9%) |
| Median Home Value | $220,175 |
| Average Home Value | $316,874 |
Housing Distribution
Address Breakdown
Residential
3,195
Single Family
3,061
Multi-Family
134
Businesses
345
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Listed by: Donna Harrington • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #MDWO2032514