404 Pennsylvania AveSalisburyMD21801
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Salisbury rentals match the income profile of 404 Pennsylvania Ave, Salisbury, MD, 21801. Listed at $330,000, gross rent is $2,858/mo and net cash flow is $806/mo, a 10.39% yield well above national averages. DSCR 1.93 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $91,173 by year five with $3,039/yr in annual principal reduction, projecting $177,027 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.8% |
| Monthly Cash Flow | $806 | $450 |
City averages based on Salisbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,858 |
| Total Monthly Debt Service | $1,921 |
| DSCR Ratio | 1.49x |
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 1925
5,000 sqft 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 1925
5,000 sqft 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