1512 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 1512 W Pratt St, Baltimore, MD, 21223 generates $1,832/mo in rent, after a $1,468/mo payment. Total monthly income is $1,832/mo. Return on cash invested sits at 19.5% in year one, and rental yield is 7.33% on a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 100.72% and total cumulative return in cash sums $100,164. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,832/mo property income rather than buyer’s personal income.
Townhouse
Built in 1880
1,307 sqft 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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