1823 N Caroline 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
Rental property for sale in Baltimore at 1823 N Caroline St, Baltimore, MD, 21213 offers $1,794/mo rent that, after a $1,268/mo payment, leaves $183/mo cash flow. Total monthly income is $1,794/mo, and annual cash flow is $2,194/yr on $85,859 cash. Return on cash invested measures 22.46% in year one, and rental yield stands at 8.31% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 116.6% and total cumulative return in cash reaches $100,108. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,794/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1913
1,217 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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