1403 Hopewell AveBaltimoreMD21221
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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 1403 Hopewell Ave, Baltimore, MD, 21221 listed at $209,999 pairs $2,705/mo rent with a $1,028/mo payment to leave $1,399/mo cash flow. Total monthly income runs $2,705/mo, and annual cash flow reaches $16,785/yr on $69,615 cash to close. Return on cash invested measures 44.02% in year one, and rental yield registers 15.46% at a $209,999 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Five-year ROI tracks 232.2% and total cumulative return in cash totals $161,643. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,705/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1958
2,160 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21221, Essex, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,932 (100%) |
| Owner Occupied HU | 10,323 (54.5%) |
| Renter Occupied HU | 7,425 (39.2%) |
| Vacant Housing Units | 1,184 ( 6.3%) |
| Median Home Value | $342,296 |
| Average Home Value | $396,170 |
Housing Distribution
Address Breakdown
Residential
18,374
Single Family
13,680
Multi-Family
4,694
Businesses
868
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