31105 Stevens LnSalisburyMD21804
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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 Salisbury at 31105 Stevens Ln, Salisbury, MD, 21804 listed at $320,000 pairs $1,799/mo rent with a $1,566/mo payment. Total monthly income runs $1,799/mo. Return on cash invested measures 17.75% in year one, and rental yield registers 6.75% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 91.28% and total cumulative return in cash totals $96,831. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,799/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
3.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21804, Salisbury, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,230 (100%) |
| Owner Occupied HU | 8,323 (45.7%) |
| Renter Occupied HU | 8,440 (46.3%) |
| Vacant Housing Units | 1,467 ( 8.0%) |
| Median Home Value | $273,376 |
| Average Home Value | $335,430 |
Housing Distribution
Address Breakdown
Residential
17,571
Single Family
15,361
Multi-Family
2,210
Businesses
1,023
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