115 Cherrydell RdBaltimoreMD21228
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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 115 Cherrydell Rd, Baltimore, MD, 21228 with 5% annual appreciation on a $289,000 basis while $2,702/mo rent supports operations. Total monthly income totals $2,702/mo and a $1,415/mo payment preserves $904/mo for cash returns. Annual cash flow comes to $10,849/yr on $95,804 deployed, and return on cash invested reaches 31.23% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 11.22%. Five-year ROI measures 163.66% and total cumulative return in cash totals $156,794.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,702/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1946
1,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21228, Catonsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,477 (100%) |
| Owner Occupied HU | 13,999 (68.4%) |
| Renter Occupied HU | 5,559 (27.1%) |
| Vacant Housing Units | 919 ( 4.5%) |
| Median Home Value | $429,715 |
| Average Home Value | $478,068 |
Housing Distribution
Address Breakdown
Residential
19,769
Single Family
15,449
Multi-Family
4,320
Businesses
1,398
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