Is Wicomico County, MD good for real estate investing?

Wicomico County has an investment score of 63/100, rated as "Buy". The county ranks #254 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Wicomico?

The rent-to-price ratio in Wicomico County is 6.62% annually, which ranks in the 68th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Wicomico?

The median home price in Wicomico County is $267,973. This ranks #588 in affordability among all US counties.

Can you cash flow on rental properties in Wicomico?

Based on median values with 20% down at current rates, a typical rental in Wicomico County would generate negative cash flow of $444/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Wicomico County

MarylandPopulation: 103,815

/100

Buy

#254 of 1,000 counties

#6 in Maryland (24 counties)

Market Snapshot

$267,973

Median Home Price

15% above national median

$1,479/mo

Median Rent

2% below national median

6.62%

Rent-to-Price Ratio

Top 32% nationally

-$444

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$267,973

Down Payment (20%)$53,595

Loan Amount$214,378

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,479

Monthly P&I-$1,405

Est. Expenses (35%)-$518

Net Cash Flow-$444/mo

4.3%

Cap Rate (all cash)

-8.6%

Cash-on-Cash Return

6.62%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.3% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

63/100

Cash Flow(30%)

66/100

Based on 6.62% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

65/100

Based on 1.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

72/100

Price-to-income ratio of 3.9x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (6.62%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$444/mo)
-Negative leverage (cap rate 4.3% < mortgage rate 6.9%)

Economic Indicators

Population

103,815

Median Income

$69,421

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.9x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CalvertMD	65	$471,515	$2,532	6.44%	Buy	View
SomersetMD	64	$200,242	Est. pending	—	Buy	View
CurrentWicomicoMD	63	$267,973	$1,479	6.62%	Buy
BaltimoreMD	61	$352,651	$1,729	5.88%	Buy	View
CharlesMD	61	$445,712	$2,560	6.89%	Buy	View
Saint MarysMD	61	$420,459	$1,894	5.41%	Buy	View

The Bottom Line

BuyWicomico offers solid investment potential with good cash flow or appreciation prospects.

Wicomico County in Maryland scores 63/100, ranking #254 of 1,000 US counties (top 34%). The 6.62% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-444/mo

Cap Rate

4.3%

Cash-on-Cash

-8.6%

Ready to Analyze a Deal in Wicomico?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$267,973

Down Payment (20%)$53,595

Loan Amount$214,378

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,479

Monthly P&I-$1,405

Est. Expenses (35%)-$518

Net Cash Flow-$444/mo

4.3%

Cap Rate (all cash)

-8.6%

Cash-on-Cash Return

6.62%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.3% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

63/100

Cash Flow(30%)

66/100

Based on 6.62% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

65/100

Based on 1.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

72/100

Price-to-income ratio of 3.9x. Lower ratios indicate more affordable markets.

County

Verdict

CalvertMD

$471,515

$2,532

6.44%

Buy

View

SomersetMD

$200,242

Est. pending

—

Buy

View

CurrentWicomicoMD

$267,973

$1,479

6.62%

Buy

BaltimoreMD

$352,651

$1,729

5.88%

Buy

View

CharlesMD

$445,712

$2,560

6.89%

Buy

View

Saint MarysMD

$420,459

$1,894

5.41%

Buy

View

The Bottom Line

BuyWicomico offers solid investment potential with good cash flow or appreciation prospects.

Monthly Cash Flow

$-444/mo

Cap Rate

4.3%

Cash-on-Cash

-8.6%