822 Springfield CirSalisburyMD21804








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 822 Springfield Cir, Salisbury, MD, 21804 priced at $203,520 pairs $1,793/mo rent with $527/mo cash flow after a $996/mo payment. Total monthly income equals $1,793/mo, and annual cash flow comes to $6,328/yr on $67,467 invested. Return on cash invested is 29.29% in year one, and rental yield stands at 10.57% on a $203,520 basis. Equity gained on principal adds $1,313/yr, and 5% annual appreciation accumulates to $56,229 by year five. Five-year ROI measures 153.24% and total cumulative return in cash reaches $103,389. For financing, Ziffy Mortgage’s DSCR program evaluates $1,793/mo property income against a $996/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
6,624 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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