104 Lancefield RdBaltimoreMD21209
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 104 Lancefield Rd, Baltimore, MD, 21209 in Baltimore at $532,000 earns $3,757/mo in rent and nets $198/mo after the $2,392/mo payment, a 8.47% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $146,982 over five years. Ziffy Mortgage underwrites this on a 1.57 DSCR without U.S. credit history. With $4,900/yr in principal paydown, total projected return reaches $230,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 4.8% |
| Monthly Cash Flow | $198 | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,757 |
| Total Monthly Debt Service | $3,097 |
| DSCR Ratio | 1.21x |
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 1994
2,376 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21209, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,417 (100%) |
| Owner Occupied HU | 7,046 (56.7%) |
| Renter Occupied HU | 4,736 (38.1%) |
| Vacant Housing Units | 635 ( 5.1%) |
| Median Home Value | $517,404 |
| Average Home Value | $548,957 |
Housing Distribution
Address Breakdown
Residential
12,268
Single Family
6,574
Multi-Family
5,694
Businesses
608
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 1994
2,376 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21209, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,417 (100%) |
| Owner Occupied HU | 7,046 (56.7%) |
| Renter Occupied HU | 4,736 (38.1%) |
| Vacant Housing Units | 635 ( 5.1%) |
| Median Home Value | $517,404 |
| Average Home Value | $548,957 |
Housing Distribution
Address Breakdown
Residential
12,268
Single Family
6,574
Multi-Family
5,694
Businesses
608
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices