1209 N Charles St UNIT 304BaltimoreMD21201
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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 1209 N Charles St UNIT 304, Baltimore, MD, 21201 uses $88,212 cash to close to unlock $3,350/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $2,537/mo, and a $1,302/mo payment keeps the spread at $279/mo. Purchase price stands at $266,100, and rental yield measures 11.44% with $2,537/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $73,519 over five years. Five-year ROI reaches 126.27% and total cumulative return in cash records $111,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,537/mo property income covering a $1,302/mo payment rather than investor’s personal income.
Condo
Built in 2007
1,168 sqft lot
$N/A/sqft
$413 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21201, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,644 (100%) |
| Owner Occupied HU | 918 ( 6.7%) |
| Renter Occupied HU | 10,274 (75.3%) |
| Vacant Housing Units | 2,452 (18.0%) |
| Median Home Value | $295,438 |
| Average Home Value | $342,100 |
Housing Distribution
Address Breakdown
Residential
12,952
Single Family
3,354
Multi-Family
9,598
Businesses
2,031
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