1008 W Lombard StBaltimoreMD21223
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1008 W Lombard St, Baltimore, MD, 21223 in Baltimore. Priced at $138,000, it generates $2,182/mo in gross rent and $1,285/mo in net monthly cash flow, a 18.97% yield that comfortably supports the 3.51 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $15,417. Five-year appreciation: $38,127. Equity from principal paydown: $1,271/yr. Total projected cumulative return: $135,196.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19% | 4.8% |
| Monthly Cash Flow | $1,285 | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,182 |
| Total Monthly Debt Service | $842 |
| DSCR Ratio | 2.59x |
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.
Townhouse
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21223, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,976 (100%) |
| Owner Occupied HU | 2,644 (24.1%) |
| Renter Occupied HU | 5,226 (47.6%) |
| Vacant Housing Units | 3,106 (28.3%) |
| Median Home Value | $133,065 |
| Average Home Value | $205,327 |
Housing Distribution
Address Breakdown
Residential
8,996
Single Family
7,426
Multi-Family
1,570
Businesses
854
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
Townhouse
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21223, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,976 (100%) |
| Owner Occupied HU | 2,644 (24.1%) |
| Renter Occupied HU | 5,226 (47.6%) |
| Vacant Housing Units | 3,106 (28.3%) |
| Median Home Value | $133,065 |
| Average Home Value | $205,327 |
Housing Distribution
Address Breakdown
Residential
8,996
Single Family
7,426
Multi-Family
1,570
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices