16 Pinecone CtBaltimoreMD21234
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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 16 Pinecone Ct, Baltimore, MD, 21234 offers $2,404/mo rent that, after a $1,640/mo payment, leaves $320/mo cash flow. Total monthly income is $2,404/mo, and annual cash flow is $3,842/yr on $111,053 cash. Return on cash invested measures 23.37% in year one, and rental yield stands at 8.61% at a $335,000 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,554 by year five. Five-year ROI records 121.46% and total cumulative return in cash reaches $134,888. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,404/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1979
3,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21234, Parkville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,267 (100%) |
| Owner Occupied HU | 17,586 (60.1%) |
| Renter Occupied HU | 10,161 (34.7%) |
| Vacant Housing Units | 1,520 ( 5.2%) |
| Median Home Value | $323,568 |
| Average Home Value | $380,201 |
Housing Distribution
Address Breakdown
Residential
28,929
Single Family
22,699
Multi-Family
6,230
Businesses
1,135
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