607 Hillcrest DrPocomoke 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 607 Hillcrest Dr, Pocomoke City, MD, 21851 generates $2,389/mo in rent and, after a $1,273/mo payment, leaves $772/mo in cash flow. Total monthly income is $2,389/mo, and annual cash flow is $9,258/yr on $86,187 invested. Return on cash invested sits at 30.65% in year one, and rental yield is 11.03% on a $259,990 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,830 over five years. Five-year ROI reaches 160.51% and total cumulative return in cash sums $138,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,389/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
0.26 Acres 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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Listed by: Meghan Clarkson • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDWO2034734