829 White Oaks LnPocomoke CityMD21851
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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 Pocomoke City at 829 White Oaks Ln, Pocomoke City, MD, 21851 listed at $295,000 pairs $2,104/mo rent with a $1,444/mo payment to leave $269/mo cash flow. Total monthly income runs $2,104/mo, and annual cash flow reaches $3,229/yr on $97,793 cash to close. Return on cash invested measures 23.21% in year one, and rental yield registers 8.56% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 120.64% and total cumulative return in cash totals $117,974. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,104/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21851, Pocomoke City, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,418 (100%) |
| Owner Occupied HU | 2,010 (58.8%) |
| Renter Occupied HU | 1,036 (30.3%) |
| Vacant Housing Units | 372 (10.9%) |
| Median Home Value | $220,175 |
| Average Home Value | $316,874 |
Housing Distribution
Address Breakdown
Residential
3,195
Single Family
3,061
Multi-Family
134
Businesses
345
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Listed by: Pamela Dotson • Norstar Realty LLC
Mls Name: Bright MLS
Mls ID: #MDWO2032946