1420 N Luzerne AveBaltimoreMD21213
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Baltimore rentals match the income profile of 1420 N Luzerne Ave, Baltimore, MD, 21213. Listed at $249,999, gross rent is $2,716/mo and net cash flow is $1,161/mo, a 13.03% yield well above national averages. DSCR 2.42 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $69,070 by year five with $2,303/yr in annual principal reduction, projecting $169,561 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 4.8% |
| Monthly Cash Flow | $1,161 | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,716 |
| Total Monthly Debt Service | $1,455 |
| DSCR Ratio | 1.87x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
980 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21213, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,228 (100%) |
| Owner Occupied HU | 5,690 (43.0%) |
| Renter Occupied HU | 5,065 (38.3%) |
| Vacant Housing Units | 2,473 (18.7%) |
| Median Home Value | $138,257 |
| Average Home Value | $216,706 |
Housing Distribution
Address Breakdown
Residential
11,326
Single Family
10,607
Multi-Family
719
Businesses
494
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1900
980 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21213, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,228 (100%) |
| Owner Occupied HU | 5,690 (43.0%) |
| Renter Occupied HU | 5,065 (38.3%) |
| Vacant Housing Units | 2,473 (18.7%) |
| Median Home Value | $138,257 |
| Average Home Value | $216,706 |
Housing Distribution
Address Breakdown
Residential
11,326
Single Family
10,607
Multi-Family
719
Businesses
494
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices