1220 Bank St UNIT 407, Baltimore, MD, 21202 | 6.87% Rental Yield

For Sale

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

Rental property for sale in Baltimore at 1220 Bank St UNIT 407, Baltimore, MD, 21202 generates $3,893/mo in rent, after a $3,328/mo payment. Total monthly income is $3,893/mo. Return on cash invested sits at 18.26% in year one, and rental yield is 6.87% on a $680,000 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 93.98% and total cumulative return in cash sums $210,252. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,893/mo property income rather than buyer’s personal income.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 21202, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,501 (100%)
Owner Occupied HU	2,160 (14.9%)
Renter Occupied HU	9,766 (67.3%)
Vacant Housing Units	2,575 (17.8%)
Median Home Value	$333,514
Average Home Value	$401,184