1 Slade Ave APT 801, Baltimore, MD, 21208 | 6.07% Rental Yield

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1 Slade Ave APT 801, Baltimore, MD, 21208 | 6.07% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Baltimore at 1 Slade Ave APT 801, Baltimore, MD, 21208 generates $2,984/mo in rent, after a $2,887/mo payment. Total monthly income is $2,984/mo. Return on cash invested sits at 15.83% in year one, and rental yield is 6.07% on a $589,900 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $162,978 over five years. Five-year ROI reaches 80.97% and total cumulative return in cash sums $157,137. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,984/mo property income rather than buyer’s personal income.

Condo

Built in 1972

N/A lot

$N/A/sqft

No HOA

More details about the property

Step into luxury with this extraordinary 2 BR & den remodeled corner unit with garage parking & spectacular golf course views! This unit has the finest appointments throughout including beautiful hardwood floors, custom moldings, built-ins throughout & replaced both HVAC systems. The large gourmet Kitchen is a chef's dream featuring an island with stone countertops, a banquette seating area, upgraded appliances & lots of cabinets. A pocket door accesses the Laundry Area with front loading washer & dryer, laundry sink, tremendous storage in the built-in cabinets including a wine cooler and a 2nd access to the unit from the hallway. There is also an Exercise Room directly off this area. The large Foyer opens to a spacious Living Room with gorgeous views and a door to a private balcony where you can enjoy serene mornings & sunsets. And the generous size Dining Room is perfect to entertain dinner guests! The expansive primary bedroom suite boasts an amazing walk-in closet & a private deluxe bath with heated floors, a glass enclosed shower with seat, gorgeous vanity with makeup area & designer finishes. There is also a fabulous walk-in hall closet with organizers & another gorgeous remodeled 2nd full bath as well as a stunning powder room. This full service building also includes a receptionist & doorman. A rare offering, this fully renovated condo is a blend of elegance & comfort, ready to welcome you home! Don't miss seeing this one!

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