8381 Hurleys Neck RdMardela SpringsMD21837
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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 Mardela Springs at 8381 Hurleys Neck Rd, Mardela Springs, MD, 21837 uses $66,300 cash to close to unlock $5,556/yr annual cash flow and $463/mo monthly cash flow. Total monthly income runs $1,707/mo, and a $979/mo payment keeps the spread at $463/mo. Purchase price stands at $200,000, and rental yield measures 10.24% with $1,707/mo rent. Return on cash invested shows 28.29% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 147.83% and total cumulative return in cash records $98,012. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,707/mo property income covering a $979/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
5.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21837, Mardela Springs, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 906 (74.8%) |
| Renter Occupied HU | 182 (15.0%) |
| Vacant Housing Units | 124 (10.2%) |
| Median Home Value | $293,878 |
| Average Home Value | $357,359 |
Housing Distribution
Address Breakdown
Residential
986
Single Family
986
Multi-Family
0
Businesses
61
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Listed by: Victor J King • Vision Realty Group of Salisbury
Mls Name: Bright MLS
Mls ID: #MDWC2020674