1101 McKean AveBaltimoreMD21217
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
Investment Highlights
Rental property for sale in Baltimore at 1101 McKean Ave, Baltimore, MD, 21217 priced at $122,500 converts $974/mo rent into $212/mo cash flow after a $600/mo obligation. Total monthly income equals $974/mo, and annual cash flow totals $2,540/yr on $40,609 invested. Return on cash invested prints 26.16% in year one, and rental yield reads 9.54% against a $122,500 entry. Equity gained on principal adds $790/yr, while 5% annual appreciation compiles into $33,844 by year five. Five-year ROI reaches 136.46% and total cumulative return in cash sums $55,416. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $974/mo property income covering a $600/mo payment, not borrower’s personal income.
Townhouse
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21217, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,293 (100%) |
| Owner Occupied HU | 4,471 (24.4%) |
| Renter Occupied HU | 9,610 (52.5%) |
| Vacant Housing Units | 4,212 (23.0%) |
| Median Home Value | $283,175 |
| Average Home Value | $302,895 |
Housing Distribution
Address Breakdown
Residential
13,877
Single Family
8,987
Multi-Family
4,890
Businesses
677
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices