611 Truitt StSalisburyMD21804
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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 Salisbury at 611 Truitt St, Salisbury, MD, 21804 offers $1,586/mo rent that, after a $804/mo payment, leaves $564/mo cash flow. Total monthly income is $1,586/mo, and annual cash flow is $6,773/yr on $54,432 cash. Return on cash invested measures 32.35% in year one, and rental yield stands at 11.59% at a $164,200 entry. Equity gained on principal adds $1,060/yr while 5% annual appreciation compounds into $45,365 by year five. Five-year ROI records 169.66% and total cumulative return in cash reaches $92,352. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,586/mo property income versus a $804/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
4,366 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21804, Salisbury, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,230 (100%) |
| Owner Occupied HU | 8,323 (45.7%) |
| Renter Occupied HU | 8,440 (46.3%) |
| Vacant Housing Units | 1,467 ( 8.0%) |
| Median Home Value | $273,376 |
| Average Home Value | $335,430 |
Housing Distribution
Address Breakdown
Residential
17,571
Single Family
15,361
Multi-Family
2,210
Businesses
1,023
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