1600 Walterswood RdBaltimoreMD21239
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
Investment Highlights
Investment property for sale in Baltimore at 1600 Walterswood Rd, Baltimore, MD, 21239 uses $72,930 cash to close to unlock $1,398/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $1,485/mo, and a $1,077/mo payment keeps the spread at $117/mo. Purchase price stands at $220,000, and rental yield measures 8.1% with $1,485/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 113.19% and total cumulative return in cash records $82,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,485/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Townhouse
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21239, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,291 (100%) |
| Owner Occupied HU | 6,616 (53.8%) |
| Renter Occupied HU | 4,717 (38.4%) |
| Vacant Housing Units | 958 ( 7.8%) |
| Median Home Value | $219,980 |
| Average Home Value | $278,821 |
Housing Distribution
Address Breakdown
Residential
12,703
Single Family
8,412
Multi-Family
4,291
Businesses
313
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices