27018 Pratt RdSalisburyMD21801
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $339,900, 27018 Pratt Rd, Salisbury, MD, 21801 in Salisbury generates $2,275/mo in rent (8.03% yield) but nets only $161/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.49) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $93,908. Total projected return: $139,334.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.8% |
| Monthly Cash Flow | $161 | $450 |
City averages based on Salisbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,275 |
| Total Monthly Debt Service | $1,979 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21801, Salisbury, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,627 (100%) |
| Owner Occupied HU | 6,592 (52.2%) |
| Renter Occupied HU | 5,172 (41.0%) |
| Vacant Housing Units | 863 ( 6.8%) |
| Median Home Value | $311,130 |
| Average Home Value | $357,046 |
Housing Distribution
Address Breakdown
Residential
11,939
Single Family
10,981
Multi-Family
958
Businesses
1,539
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
Single Family
Built in 1987
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21801, Salisbury, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,627 (100%) |
| Owner Occupied HU | 6,592 (52.2%) |
| Renter Occupied HU | 5,172 (41.0%) |
| Vacant Housing Units | 863 ( 6.8%) |
| Median Home Value | $311,130 |
| Average Home Value | $357,046 |
Housing Distribution
Address Breakdown
Residential
11,939
Single Family
10,981
Multi-Family
958
Businesses
1,539
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices