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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Salisbury at 729 Shiloh St, Salisbury, MD, 21804 priced at $130,000 converts $1,004/mo rent into $196/mo cash flow after a $636/mo obligation. Total monthly income equals $1,004/mo, and annual cash flow totals $2,349/yr on $43,095 invested. Return on cash invested prints 25.36% in year one, and rental yield reads 9.27% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 132.13% and total cumulative return in cash sums $56,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,004/mo property income covering a $636/mo payment, not borrower’s personal income.
Townhouse
Built in 1973
1,422 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21804, Salisbury, MD area.
| 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 |
Residential
17,571
Single Family
15,361
Multi-Family
2,210
Businesses
1,023
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Eric Johnson • ERA Martin Associates
Mls Name: Bright MLS
Mls ID: #MDWC2020414
