384 Wheatfield DrSalisburyMD21804
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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
Rental property for sale in Salisbury at 384 Wheatfield Dr, Salisbury, MD, 21804 priced at $225,000 pairs $2,147/mo rent with $748/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,147/mo, and annual cash flow comes to $8,974/yr on $74,588 invested. Return on cash invested is 31.94% in year one, and rental yield stands at 11.45% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 167.4% and total cumulative return in cash reaches $124,857. For financing, Ziffy Mortgage’s DSCR program evaluates $2,147/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2020
3,224 sqft 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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