1200 Steuart St UNIT 912BaltimoreMD21230
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
Investment property for sale in Baltimore at 1200 Steuart St UNIT 912, Baltimore, MD, 21230 offers a 9.18% rental yield on a $561,000 purchase with $4,292/mo rent. Total monthly income registers $4,292/mo, and a $2,746/mo payment leaves $803/mo available for distribution. Annual cash flow reaches $9,632/yr on $184,569 to close, and return on cash invested stands at 25.28% in year one. Equity gained on principal adds $3,620/yr while 5% annual appreciation supports $154,994 over five years. Portfolio math shows five-year ROI at 131.65% and total cumulative return in cash at $242,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,292/mo property income against a $2,746/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,842
Single Family
14,501
Multi-Family
4,341
Businesses
1,495
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices