1809 Parham WayBaltimoreMD21244
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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 1809 Parham Way, Baltimore, MD, 21244 offers a 5.4% rental yield on a $506,700 purchase with $2,280/mo rent. 79% in year one. Equity gained on principal adds $3,270/yr while 5% annual appreciation supports $139,992 over five years. Portfolio math shows five-year ROI at 70.03% and total cumulative return in cash at $116,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $2,480/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21244, Windsor Mill, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,226 (100%) |
| Owner Occupied HU | 6,962 (45.7%) |
| Renter Occupied HU | 7,569 (49.7%) |
| Vacant Housing Units | 695 ( 4.6%) |
| Median Home Value | $324,306 |
| Average Home Value | $353,679 |
Housing Distribution
Address Breakdown
Residential
14,925
Single Family
9,820
Multi-Family
5,105
Businesses
989
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