1321 James St, Baltimore, MD, 21223 | $872/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1321 James St, Baltimore, MD, 21223 | $872/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1308 sft

482-484 Brunswick St, Baltimore, MD, 21223

3 Bed
1 Bath
1270 sft

3214 Clarinda Ave, Baltimore, MD, 21230

1 Bed
1 Bath
825 sft

4413 Romlon St APT 301, Silver Spring, MD, 20705

2 Bed
1 Bath
926 sft

12 Plateau Pl UNIT M, Greenbelt, MD, 20770

Nearby investment properties with comparable prices

3 Bed
2 Bath
1024 sft

3025 Mallview Rd, Baltimore, MD, 21230

3 Bed
1 Bath
1024 sft

2829 Eastshire Dr, Baltimore, MD, 21230

3 Bed
1 Bath
- sft

2688 Dulany St, Baltimore, MD, 21223

4 Bed
2 Bath
1790 sft

6620 Washington Blvd #13, Elkridge, MD, 21075

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Baltimore at 1321 James St, Baltimore, MD, 21223 priced at $129,900 pairs $1,680/mo rent with $872/mo cash flow after a $636/mo payment. Total monthly income equals $1,680/mo, and annual cash flow comes to $10,463/yr on $43,062 invested. Return on cash invested is 44.21% in year one, and rental yield stands at 15.52% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 233.21% and total cumulative return in cash reaches $100,423. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1900

871 sqft lot

$N/A/sqft

No HOA

More details about the property

Location. location. location! Half block to the famous Carol Park (including athletic fields, ballfields, golf course, playground, farmers market, and various celebrations and party events), walking distance to Ravens M&T Bank Football Stadium, walking distance to Oriole Baseball Park at Camden Yard, easy access to the best of the city bars, restaurants, museums, performances, inner harbor, hospitals, etc. The location is also extremely convenient to get onto I-95 for commuting to DC or other places, and in fact some of the neighbors are doing just that! The first floor has living area, dining area, kitchen, and an extension area that has a half bath and laundry, and a pleasant sunroom that may also be used as a bedroom for people with mobility issues. There is a fenced backyard perfect for BBQ. The 2nd floor has a full bath and three separate rooms, the middle room does not have a window to the outside and can be used as an office. The basement is partially finished and had been used as a Man Cave by the previous resident. The house has a brand new AC. The house is ideal for a first-time homebuyer, with the lowest price in the area that allows for equity build up and the realization of American Dream. The house is also well suited for an investor building up rental portfolio. The block has more than 50% home ownership per City of Baltimore public data.

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