650 Suffolk CtSalisburyMD21801
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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
Investment property for sale in Salisbury at 650 Suffolk Ct, Salisbury, MD, 21801 uses $122,622 cash to close to unlock $1,103/yr annual cash flow and $92/mo monthly cash flow. Total monthly income runs $2,392/mo, and a $1,810/mo payment keeps the spread at $92/mo. Purchase price stands at $369,900, and rental yield measures 7.76% with $2,392/mo rent. Return on cash invested shows 20.81% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 107.7% and total cumulative return in cash records $132,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,392/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21801, Salisbury, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,627 (100%) |
| Owner Occupied HU | 6,592 (52.2%) |
| Renter Occupied HU | 5,172 (41.0%) |
| Vacant Housing Units | 863 ( 6.8%) |
| Median Home Value | $311,130 |
| Average Home Value | $357,046 |
Housing Distribution
Address Breakdown
Residential
11,939
Single Family
10,981
Multi-Family
958
Businesses
1,539
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