








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Baltimore at 1040 Deer Ridge Dr UNIT 304, Baltimore, MD, 21210 offers a 11.71% rental yield on a $264,900 purchase with $2,585/mo rent. Total monthly income registers $2,585/mo, and a $1,297/mo payment leaves $937/mo available for distribution. Annual cash flow reaches $11,244/yr on $87,814 to close, and return on cash invested stands at 32.71% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 171.52% and total cumulative return in cash at $150,620. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,585/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21210, Baltimore, MD area.
| 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 |
Residential
5,882
Single Family
2,768
Multi-Family
3,114
Businesses
346
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Luke Reeder • RE/MAX Advantage Realty
Mls Name: Bright MLS
Mls ID: #MDBA2188266