1603 Argonne DrBaltimoreMD21218
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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 1603 Argonne Dr, Baltimore, MD, 21218 earns $143/mo cash flow from $1,635/mo rent with a $1,174/mo payment. Total monthly income totals $1,635/mo, and annual cash flow totals $1,718/yr on $79,527 capital. ROI tracks 22.07% on current figures, and rental yield reads 8.18% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 114.51% and total cumulative return in cash sums $91,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,635/mo property income instead of your personal income.
Townhouse
Built in 1943
2,061 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21218, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,455 (100%) |
| Owner Occupied HU | 8,607 (38.3%) |
| Renter Occupied HU | 10,655 (47.5%) |
| Vacant Housing Units | 3,193 (14.2%) |
| Median Home Value | $257,917 |
| Average Home Value | $319,896 |
Housing Distribution
Address Breakdown
Residential
20,798
Single Family
14,041
Multi-Family
6,757
Businesses
1,365
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