1211 Light St UNIT 202, Baltimore, MD, 21230 | $1,224/mo Cash Flow

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1211 Light St UNIT 202, Baltimore, MD, 21230 | $1,224/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Baltimore at 1211 Light St UNIT 202, Baltimore, MD, 21230 earns $1,224/mo cash flow from $2,462/mo rent with a $974/mo payment. Total monthly income totals $2,462/mo, and annual cash flow totals $14,692/yr on $65,969 capital. ROI tracks 42.18% on current figures, and rental yield reads 14.85% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 222.35% and total cumulative return in cash sums $146,682. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,462/mo property income instead of your personal income.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Largest 2-bedroom, 2-bath corner unit in the building with oversized windows that fill the space with natural light. Recently vacated and ready for a new ownerperfect as a primary residence or rental investment. Features include in-unit washer and dryer, two full bathrooms (one with a walk-in shower, one with a tub), and generous closet space. The building is among the most secure in Federal Hill, featuring facial recognition entry (no fob needed) and a secure package/mail room. This is a non-smoking building. Amenities include a full gym, indoor basketball court, additional storage rooms, and a rooftop terrace with a community gardenideal for entertaining or watching city fireworks. The rooftop is just a short 2-minute stroll from the unit. The well-managed condo association with a active owner participation keeps Condo fees much lower than comparable buildings in the area, offering excellent value with premium amenities and security.

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