120 N Luzerne AveBaltimoreMD21224
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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 120 N Luzerne Ave, Baltimore, MD, 21224 uses $101,439 cash to close to unlock $10,399/yr annual cash flow and $867/mo monthly cash flow. Total monthly income runs $2,770/mo, and a $1,498/mo payment keeps the spread at $867/mo. Purchase price stands at $306,000, and rental yield measures 10.86% with $2,770/mo rent. Return on cash invested shows 30.16% in year one, and 5% annual appreciation builds toward $84,542 over five years. Five-year ROI reaches 157.87% and total cumulative return in cash records $160,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,770/mo property income covering a $1,498/mo payment rather than investor’s personal income.
Townhouse
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21224, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,761 (100%) |
| Owner Occupied HU | 11,693 (45.4%) |
| Renter Occupied HU | 11,336 (44.0%) |
| Vacant Housing Units | 2,732 (10.6%) |
| Median Home Value | $309,162 |
| Average Home Value | $337,987 |
Housing Distribution
Address Breakdown
Residential
24,417
Single Family
22,031
Multi-Family
2,386
Businesses
2,177
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