1609 Lochwood RdBaltimoreMD21218
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 1609 Lochwood Rd, Baltimore, MD, 21218 uses $86,157 cash to close to unlock $1,580/yr annual cash flow and $132/mo monthly cash flow. Total monthly income runs $1,748/mo, and a $1,272/mo payment keeps the spread at $132/mo. Purchase price stands at $259,900, and rental yield measures 8.07% with $1,748/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 112.73% and total cumulative return in cash records $97,126. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,748/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Townhouse
Built in 1946
0.50 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices