716 Olivia StSalisburyMD21801
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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 716 Olivia St, Salisbury, MD, 21801 priced at $189,899 converts $1,315/mo rent into $134/mo cash flow after a $929/mo obligation. Total monthly income equals $1,315/mo, and annual cash flow totals $1,613/yr on $62,952 invested. Return on cash invested prints 22.47% in year one, and rental yield reads 8.31% against a $189,899 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 116.67% and total cumulative return in cash sums $73,445. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,315/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1959
8,276 sqft 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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