120B Locke StBaltimoreMD21230
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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 120B Locke St, Baltimore, MD, 21230 priced at $634,497 pairs $2,171/mo rent with after a $3,106/mo payment. Total monthly income equals $2,171/mo. Return on cash invested is 9.85% in year one, and rental yield stands at 4.11% on a $634,497 basis. Equity gained on principal adds $4,094/yr, and 5% annual appreciation accumulates to $175,300 by year five. Five-year ROI measures 48.93% and total cumulative return in cash reaches $102,150. For financing, Ziffy Mortgage’s DSCR program evaluates $2,171/mo property income against a $3,106/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2025
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
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