Salisbury, MD — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

5.2%

Below average

Monthly Cash Flow

-$285

After all expenses

Price-to-Rent

12.0

Investor-friendly

DSCR

0.80

Fails

📊 Key Metrics

Median Home Price
$270,554
Average Rent (3BR)
$1,870/mo
Price-to-Rent Ratio
12.0(good)
1% Rule
0.70%(fails — need 1%+)
Cash-on-Cash Return
-5.4%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
4.4%(+0.1% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+1.05% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

1%

of assessed value (MD avg)

Median Income

$87,063

household (MD avg)

Rent-to-Income

25.8%

Affordable

Section 8 Max Rent

$1,870/mo

3BR voucher payment

🏛️ MD Investor Climate

Landlord Friendly

5/10

State Income Tax

Has state tax

Property Tax

1% effective

Population Trend

+1.05% (3yr)

🏘️ Best Zip Codes in Salisbury for Investors

21804
Cap Rate: 5.7%Cash Flow: -$154/mo$250,430
21804
Cap Rate: 5.7%Cash Flow: -$154/mo$250,430
21837
Cap Rate: 4.7%Cash Flow: -$417/mo$290,679

All Zip Codes in Salisbury

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
218045.7%-$154$250,430$1,870/mo0.88
218045.7%-$154$250,430$1,870/mo0.88
218374.7%-$417$290,679$1,880/mo0.73
218013.4%-$724$291,123$1,510/mo0.53