407 Tingle 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
Rental property for sale in Snow Hill at 407 Tingle St, Snow Hill, MD, 21863 priced at $216,900 converts $2,604/mo rent into $1,255/mo cash flow after a $1,062/mo obligation. Total monthly income equals $2,604/mo, and annual cash flow totals $15,055/yr on $71,902 invested. Return on cash invested prints 40.85% in year one, and rental yield reads 14.41% against a $216,900 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation compiles into $59,925 by year five. Five-year ROI reaches 215.17% and total cumulative return in cash sums $154,714. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,604/mo property income covering a $1,062/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.28 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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