1 Slade Ave APT 204PikesvilleMD21208
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Pikesville rentals match the income profile of 1 Slade Ave APT 204, Pikesville, MD, 21208. Listed at $334,900, gross rent is $4,183/mo and net cash flow is $2,100/mo, a 14.99% yield well above national averages. DSCR 2.78 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $92,527 by year five with $3,084/yr in annual principal reduction, projecting $195,304 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 6.0% |
| Monthly Cash Flow | $2,100 | $300 |
City averages based on Pikesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,183 |
| Total Monthly Debt Service | $3,065 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21208, Pikesville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,586 (100%) |
| Owner Occupied HU | 9,913 (63.6%) |
| Renter Occupied HU | 4,583 (29.4%) |
| Vacant Housing Units | 1,090 ( 7.0%) |
| Median Home Value | $386,745 |
| Average Home Value | $493,443 |
Housing Distribution
Address Breakdown
Residential
15,324
Single Family
10,265
Multi-Family
5,059
Businesses
1,118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21208, Pikesville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,586 (100%) |
| Owner Occupied HU | 9,913 (63.6%) |
| Renter Occupied HU | 4,583 (29.4%) |
| Vacant Housing Units | 1,090 ( 7.0%) |
| Median Home Value | $386,745 |
| Average Home Value | $493,443 |
Housing Distribution
Address Breakdown
Residential
15,324
Single Family
10,265
Multi-Family
5,059
Businesses
1,118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices