Investing in Talbot County
Talbot County covers 2 rental markets we actively finance in Maryland — Easton, St. Michaels. Across those markets the median investment basis averages $590,000, a long-term lease averages $2,788/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $4,276. That produces a county-wide average DSCR ratio near 0.71x.
Basis varies more inside Talbot County than the average suggests. Easton is the lowest entry point at roughly $480,000, while Easton currently models the strongest coverage ratio in the county at 0.98x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.