600 Cedar StPocomoke CityMD21851
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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 Pocomoke City at 600 Cedar St, Pocomoke City, MD, 21851 offers $1,753/mo rent that, after a $795/mo payment, leaves $671/mo cash flow. Total monthly income is $1,753/mo, and annual cash flow is $8,047/yr on $53,836 cash. Return on cash invested measures 34.86% in year one, and rental yield stands at 12.95% at a $162,400 entry. Equity gained on principal adds $1,048/yr while 5% annual appreciation compounds into $44,868 by year five. Five-year ROI records 183.67% and total cumulative return in cash reaches $98,879. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,753/mo property income versus a $795/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3,314 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21851, Pocomoke City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,418 (100%) |
| Owner Occupied HU | 2,010 (58.8%) |
| Renter Occupied HU | 1,036 (30.3%) |
| Vacant Housing Units | 372 (10.9%) |
| Median Home Value | $220,175 |
| Average Home Value | $316,874 |
Housing Distribution
Address Breakdown
Residential
3,195
Single Family
3,061
Multi-Family
134
Businesses
345
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Nearby investment properties with comparable prices
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