723 Hemlock 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
Investment property for sale in Salisbury at 723 Hemlock St, Salisbury, MD, 21804 offers a 9.21% rental yield on a $159,000 purchase with $1,220/mo rent. Total monthly income registers $1,220/mo, and a $778/mo payment leaves $231/mo available for distribution. Annual cash flow reaches $2,776/yr on $52,709 to close, and return on cash invested stands at 25.18% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 131.2% and total cumulative return in cash at $69,156. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,220/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
1,404 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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