1645 Gleneagle RdBaltimoreMD21239
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.15% yield at 1645 Gleneagle Rd, Baltimore, MD, 21239 in Baltimore is solid, but the $944/mo payment compresses net cash flow to $120/mo at $209,995. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $58,018 by year five, and $1,934/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.51) without U.S. income documentation. Total projected return: $87,401.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 4.8% |
| Monthly Cash Flow | $120 | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,426 |
| Total Monthly Debt Service | $1,223 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1952
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21239, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,291 (100%) |
| Owner Occupied HU | 6,616 (53.8%) |
| Renter Occupied HU | 4,717 (38.4%) |
| Vacant Housing Units | 958 ( 7.8%) |
| Median Home Value | $219,980 |
| Average Home Value | $278,821 |
Housing Distribution
Address Breakdown
Residential
12,703
Single Family
8,412
Multi-Family
4,291
Businesses
313
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
Townhouse
Built in 1952
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21239, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,291 (100%) |
| Owner Occupied HU | 6,616 (53.8%) |
| Renter Occupied HU | 4,717 (38.4%) |
| Vacant Housing Units | 958 ( 7.8%) |
| Median Home Value | $219,980 |
| Average Home Value | $278,821 |
Housing Distribution
Address Breakdown
Residential
12,703
Single Family
8,412
Multi-Family
4,291
Businesses
313
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices