4008 Market StSnow HillMD21863
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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 Snow Hill at 4008 Market St, Snow Hill, MD, 21863 uses $56,024 cash to close to unlock $3,205/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $1,318/mo, and a $827/mo payment keeps the spread at $267/mo. Purchase price stands at $169,000, and rental yield measures 9.36% with $1,318/mo rent. Return on cash invested shows 25.63% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 133.63% and total cumulative return in cash records $74,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,318/mo property income covering a $827/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21863, Snow Hill, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,223 (100%) |
| Owner Occupied HU | 1,438 (64.7%) |
| Renter Occupied HU | 526 (23.7%) |
| Vacant Housing Units | 259 (11.7%) |
| Median Home Value | $314,286 |
| Average Home Value | $382,465 |
Housing Distribution
Address Breakdown
Residential
2,133
Single Family
2,099
Multi-Family
34
Businesses
238
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