406 Charles 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 406 Charles St, Hurlock, MD, 21643 offers $1,661/mo rent that, after a $1,419/mo payment. Total monthly income is $1,661/mo. Return on cash invested measures 18.13% in year one, and rental yield stands at 6.88% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 93.36% and total cumulative return in cash reaches $89,721. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,661/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
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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