612 Laurel StPocomoke CityMD21851
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
Investment property for sale in Pocomoke City at 612 Laurel St, Pocomoke City, MD, 21851 at $187,900 posts ROI 29.79% with $513/mo cash flow from $1,682/mo rent. Total monthly income equals $1,682/mo, and annual cash flow records $6,156/yr on $62,289 to close. Return on cash invested measures 29.79% and rental yield reads 10.74% at the current $187,900. Equity gained on principal adds $1,212/yr, and 5% annual appreciation supports $51,913 by year five. Five-year ROI prints 155.97% and total cumulative return in cash totals $97,153.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,682/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
5,247 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: C D Hall • Hall Realty
Mls Name: Bright MLS
Mls ID: #MDWO2034610