2610 Pine Ridge 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 2610 Pine Ridge Ct, Pocomoke City, MD, 21851 earns $976/mo cash flow from $2,966/mo rent with a $1,566/mo payment. Total monthly income totals $2,966/mo, and annual cash flow totals $11,712/yr on $106,080 capital. ROI tracks 30.95% on current figures, and rental yield reads 11.12% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 162.07% and total cumulative return in cash sums $171,927. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,966/mo property income instead of your personal income.
Single Family
Built in 1998
0.87 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: Robert Faith • Dockside Properties
Mls Name: Bright MLS
Mls ID: #MDWO2035098