115A E Cromwell St, Baltimore, MD, 21230 | 5.22% Rental Yield

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115A E Cromwell St, Baltimore, MD, 21230 | 5.22% Rental Yield | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Baltimore at 115A E Cromwell St, Baltimore, MD, 21230 listed at $499,000 pairs $2,171/mo rent with a $2,442/mo payment. Total monthly income runs $2,171/mo. Return on cash invested measures 13.15% in year one, and rental yield registers 5.22% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 66.61% and total cumulative return in cash totals $110,190. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,171/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Locke Landing is a waterfront community of new 2-story condominiums for sale in Baltimore, MD. Nestled at the heart of the Baltimore Peninsula, homeowners can enjoy breathtaking views of 2.5 miles of restored waterfront beauty. Choose from two floorplans with up to 3 bedrooms, 2.5 baths and 2,600 sq. ft. Here, residents can enjoy on-site amenities including a clubhouse, pool, and open space ideal for gathering with new friends. Each home at Locke Landing is thoughtfully designed with one of our new interior design Looks: Loft, Farmhouse, Classic, or Elements. Curated by professionals, each Look ensure you a a stylish home from the start. Offered By: K. Hovnanian at Locke Landing, LLC The Maywood offers: Open great room, dining area & kitchen for modern flow. Statuary Classique quartz waterfall-edge island makes a bold statement. Pendant lights & floating shelves add style to the kitchen. Dual walk-in closets in the spacious primary suite. Dual sinks in the sleek, private primary bath. Bedroom 3 features direct access to the deck. Laundry room upstairs near all bedrooms for convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21230, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,297 (100%)
Owner Occupied HU	8,217 (40.5%)
Renter Occupied HU	9,114 (44.9%)
Vacant Housing Units	2,966 (14.6%)
Median Home Value	$366,297
Average Home Value	$389,487