409 Main StGoldsboroMD21636
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
Investment Highlights
Rental property for sale in Goldsboro at 409 Main St, Goldsboro, MD, 21636 offers $1,957/mo rent that, after a $1,003/mo payment, leaves $682/mo cash flow. Total monthly income is $1,957/mo, and annual cash flow is $8,188/yr on $67,958 cash. Return on cash invested measures 31.96% in year one, and rental yield stands at 11.46% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 167.53% and total cumulative return in cash reaches $113,850. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,957/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21636, Goldsboro, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 461 (100%) |
| Owner Occupied HU | 329 (71.4%) |
| Renter Occupied HU | 90 (19.5%) |
| Vacant Housing Units | 42 ( 9.1%) |
| Median Home Value | $256,618 |
| Average Home Value | $277,409 |
Housing Distribution
Address Breakdown
Residential
429
Single Family
429
Multi-Family
0
Businesses
15
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