402 S Main StHurlockMD21643
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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 Hurlock at 402 S Main St, Hurlock, MD, 21643 priced at $220,000 pairs $1,908/mo rent with $540/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,908/mo, and annual cash flow comes to $6,474/yr on $72,930 invested. Return on cash invested is 28.79% in year one, and rental yield stands at 10.41% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 150.5% and total cumulative return in cash reaches $109,763. For financing, Ziffy Mortgage’s DSCR program evaluates $1,908/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21643, Hurlock, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,709 (69.5%) |
| Renter Occupied HU | 502 (20.4%) |
| Vacant Housing Units | 247 (10.0%) |
| Median Home Value | $203,443 |
| Average Home Value | $209,383 |
Housing Distribution
Address Breakdown
Residential
2,121
Single Family
2,093
Multi-Family
28
Businesses
113
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