1315 W 37th StBaltimoreMD21211
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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
Investment property for sale in Baltimore at 1315 W 37th St, Baltimore, MD, 21211 offers a 11.01% rental yield on a $240,000 purchase with $2,202/mo rent. Total monthly income registers $2,202/mo, and a $1,175/mo payment leaves $709/mo available for distribution. Annual cash flow reaches $8,508/yr on $79,560 to close, and return on cash invested stands at 30.6% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 160.21% and total cumulative return in cash at $127,466. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,202/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1942
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21211, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,433 (100%) |
| Owner Occupied HU | 4,555 (48.3%) |
| Renter Occupied HU | 4,025 (42.7%) |
| Vacant Housing Units | 853 ( 9.0%) |
| Median Home Value | $321,419 |
| Average Home Value | $342,025 |
Housing Distribution
Address Breakdown
Residential
8,995
Single Family
6,669
Multi-Family
2,326
Businesses
958
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