1603 N Forest Park AveBaltimoreMD21207
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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 N Forest Park Ave, Baltimore, MD, 21207 uses $94,776 cash to close to unlock $12,194/yr annual cash flow and $1,016/mo monthly cash flow. Total monthly income runs $2,794/mo, and a $1,399/mo payment keeps the spread at $1,016/mo. Purchase price stands at $285,900, and rental yield measures 11.73% with $2,794/mo rent. Return on cash invested shows 32.78% in year one, and 5% annual appreciation builds toward $78,989 over five years. Five-year ROI reaches 171.92% and total cumulative return in cash records $162,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,794/mo property income covering a $1,399/mo payment rather than investor’s personal income.
Townhouse
Built in 1955
1,872 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21207, Gwynn Oak, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 11,264 (57.1%) |
| Renter Occupied HU | 6,973 (35.3%) |
| Vacant Housing Units | 1,495 ( 7.6%) |
| Median Home Value | $284,553 |
| Average Home Value | $333,769 |
Housing Distribution
Address Breakdown
Residential
19,354
Single Family
16,126
Multi-Family
3,228
Businesses
763
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