1203 Wilcox StBaltimoreMD21202
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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
Rental property for sale in Baltimore at 1203 Wilcox St, Baltimore, MD, 21202 priced at $127,500 converts $1,766/mo rent into $964/mo cash flow after a $624/mo obligation. Total monthly income equals $1,766/mo, and annual cash flow totals $11,571/yr on $42,266 invested. Return on cash invested prints 47.29% in year one, and rental yield reads 16.62% against a $127,500 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation compiles into $35,226 by year five. Five-year ROI reaches 249.9% and total cumulative return in cash sums $105,622. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,766/mo property income covering a $624/mo payment, not borrower’s personal income.
Townhouse
Built in 1996
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21202, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,501 (100%) |
| Owner Occupied HU | 2,160 (14.9%) |
| Renter Occupied HU | 9,766 (67.3%) |
| Vacant Housing Units | 2,575 (17.8%) |
| Median Home Value | $333,514 |
| Average Home Value | $401,184 |
Housing Distribution
Address Breakdown
Residential
11,897
Single Family
3,818
Multi-Family
8,079
Businesses
1,992
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Listed by: Jeanine Whitehead • Keller Williams Realty Centre
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDBA2136078
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