121 Parkin StBaltimoreMD21201
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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 121 Parkin St, Baltimore, MD, 21201 priced at $224,900 converts $2,064/mo rent into $665/mo cash flow after a $1,101/mo obligation. Total monthly income equals $2,064/mo, and annual cash flow totals $7,980/yr on $74,554 invested. Return on cash invested prints 30.61% in year one, and rental yield reads 11.01% against a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation compiles into $62,136 by year five. Five-year ROI reaches 160.33% and total cumulative return in cash sums $119,533. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,064/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Townhouse
Built in 1920
N/A lot
$N/A/sqft
No 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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