1638 N Wolfe StBaltimoreMD21213
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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 1638 N Wolfe St, Baltimore, MD, 21213 offers a 10.45% rental yield on a $235,000 purchase with $2,047/mo rent. Total monthly income registers $2,047/mo, and a $1,150/mo payment leaves $586/mo available for distribution. Annual cash flow reaches $7,027/yr on $77,903 to close, and return on cash invested stands at 28.93% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 151.29% and total cumulative return in cash at $117,856. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,047/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1903
968 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21213, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,228 (100%) |
| Owner Occupied HU | 5,690 (43.0%) |
| Renter Occupied HU | 5,065 (38.3%) |
| Vacant Housing Units | 2,473 (18.7%) |
| Median Home Value | $138,257 |
| Average Home Value | $216,706 |
Housing Distribution
Address Breakdown
Residential
11,326
Single Family
10,607
Multi-Family
719
Businesses
494
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