12 S Washington StBaltimoreMD21231
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.25% yield at 12 S Washington St, Baltimore, MD, 21231 in Baltimore is solid, but the $1,349/mo payment compresses net cash flow to $197/mo at $300,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $82,884 by year five, and $2,763/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.53) without U.S. income documentation. Total projected return: $126,496.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.8% |
| Monthly Cash Flow | $197 | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,063 |
| Total Monthly Debt Service | $1,746 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21231, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,802 (100%) |
| Owner Occupied HU | 2,844 (26.3%) |
| Renter Occupied HU | 6,204 (57.4%) |
| Vacant Housing Units | 1,754 (16.2%) |
| Median Home Value | $376,073 |
| Average Home Value | $431,165 |
Housing Distribution
Address Breakdown
Residential
8,949
Single Family
5,768
Multi-Family
3,181
Businesses
806
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
Townhouse
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21231, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,802 (100%) |
| Owner Occupied HU | 2,844 (26.3%) |
| Renter Occupied HU | 6,204 (57.4%) |
| Vacant Housing Units | 1,754 (16.2%) |
| Median Home Value | $376,073 |
| Average Home Value | $431,165 |
Housing Distribution
Address Breakdown
Residential
8,949
Single Family
5,768
Multi-Family
3,181
Businesses
806
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices