1040 Deer Ridge Dr UNIT 200BaltimoreMD21210
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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 1040 Deer Ridge Dr UNIT 200, Baltimore, MD, 21210 uses $99,450 cash to close to unlock $3,054/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $2,120/mo, and a $1,468/mo payment keeps the spread at $255/mo. Purchase price stands at $300,000, and rental yield measures 8.48% with $2,120/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 119.36% and total cumulative return in cash records $118,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,120/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21210, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,856 (100%) |
| Owner Occupied HU | 3,244 (55.4%) |
| Renter Occupied HU | 2,186 (37.3%) |
| Vacant Housing Units | 426 ( 7.3%) |
| Median Home Value | $539,834 |
| Average Home Value | $609,599 |
Housing Distribution
Address Breakdown
Residential
5,882
Single Family
2,768
Multi-Family
3,114
Businesses
346
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