1605 Light StBaltimoreMD21230
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 1605 Light St, Baltimore, MD, 21230 earns $871/mo cash flow from $3,358/mo rent with a $1,957/mo payment. Total monthly income totals $3,358/mo, and annual cash flow totals $10,454/yr on $132,567 capital. ROI tracks 27.79% on current figures, and rental yield reads 10.08% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 145.19% and total cumulative return in cash sums $192,476. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,358/mo property income instead of your personal income.
Townhouse
Built in 1900
1,092 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21230, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,297 (100%) |
| Owner Occupied HU | 8,217 (40.5%) |
| Renter Occupied HU | 9,114 (44.9%) |
| Vacant Housing Units | 2,966 (14.6%) |
| Median Home Value | $366,297 |
| Average Home Value | $389,487 |
Housing Distribution
Address Breakdown
Residential
18,842
Single Family
14,501
Multi-Family
4,341
Businesses
1,495
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices