1020 Elton AveBaltimoreMD21224
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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
Investment Highlights
Investment property for sale in Baltimore at 1020 Elton Ave, Baltimore, MD, 21224 with 5% annual appreciation on a $125,000 basis while $968/mo rent supports operations. Total monthly income totals $968/mo and a $612/mo payment preserves $162/mo for cash returns. Annual cash flow comes to $1,942/yr on $41,438 deployed, and return on cash invested reaches 24.6% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.29%. Five-year ROI measures 128.33% and total cumulative return in cash totals $53,177.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $968/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1943
2,673 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21224, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,761 (100%) |
| Owner Occupied HU | 11,693 (45.4%) |
| Renter Occupied HU | 11,336 (44.0%) |
| Vacant Housing Units | 2,732 (10.6%) |
| Median Home Value | $309,162 |
| Average Home Value | $337,987 |
Housing Distribution
Address Breakdown
Residential
24,417
Single Family
22,031
Multi-Family
2,386
Businesses
2,177
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Listed by: Daniel Billig • A.J. Billig & Company
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDBC2123446
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