733 N Westover DrSalisburyMD21801
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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 733 N Westover Dr, Salisbury, MD, 21801 offers a 9.05% rental yield on a $124,400 purchase with $938/mo rent. Total monthly income registers $938/mo, and a $609/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,970/yr on $41,239 to close, and return on cash invested stands at 24.69% in year one. Equity gained on principal adds $803/yr while 5% annual appreciation supports $34,369 over five years. Portfolio math shows five-year ROI at 128.61% and total cumulative return in cash at $53,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $938/mo property income against a $609/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
3,686 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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