1304 W Pratt StBaltimoreMD21223
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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 1304 W Pratt St, Baltimore, MD, 21223 priced at $128,000 converts $1,344/mo rent into $548/mo cash flow after a $627/mo obligation. Total monthly income equals $1,344/mo, and annual cash flow totals $6,581/yr on $42,432 invested. Return on cash invested prints 35.42% in year one, and rental yield reads 12.6% against a $128,000 entry. Equity gained on principal adds $826/yr, while 5% annual appreciation compiles into $35,364 by year five. Five-year ROI reaches 186.11% and total cumulative return in cash sums $78,971. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,344/mo property income covering a $627/mo payment, not borrower’s personal income.
Multi Family
Built in 1870
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21223, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,976 (100%) |
| Owner Occupied HU | 2,644 (24.1%) |
| Renter Occupied HU | 5,226 (47.6%) |
| Vacant Housing Units | 3,106 (28.3%) |
| Median Home Value | $133,065 |
| Average Home Value | $205,327 |
Housing Distribution
Address Breakdown
Residential
8,996
Single Family
7,426
Multi-Family
1,570
Businesses
854
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