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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 802 Roger St, Salisbury, MD, 21804 priced at $275,000 converts $2,077/mo rent into $367/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,077/mo, and annual cash flow totals $4,400/yr on $91,163 invested. Return on cash invested prints 24.74% in year one, and rental yield reads 9.06% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 128.78% and total cumulative return in cash sums $117,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,077/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2003
10,528 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: Holly Worthington • Worthington Realty Group, LLC
Mls Name: Bright MLS
Mls ID: #MDWC2020240
