1216 2nd RdBaltimoreMD21220
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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 1216 2nd Rd, Baltimore, MD, 21220 generates $1,380/mo in rent and, after a $857/mo payment, leaves $291/mo in cash flow. Total monthly income is $1,380/mo, and annual cash flow is $3,493/yr on $58,013 invested. Return on cash invested sits at 25.93% in year one, and rental yield is 9.46% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 135.25% and total cumulative return in cash sums $78,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,380/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
4,944 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21220, Middle River, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,638 (100%) |
| Owner Occupied HU | 11,529 (61.9%) |
| Renter Occupied HU | 5,869 (31.5%) |
| Vacant Housing Units | 1,240 ( 6.7%) |
| Median Home Value | $340,792 |
| Average Home Value | $401,193 |
Housing Distribution
Address Breakdown
Residential
18,191
Single Family
15,961
Multi-Family
2,230
Businesses
865
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