2039 Grinnalds AveBaltimoreMD21230
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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 2039 Grinnalds Ave, Baltimore, MD, 21230 uses $44,753 cash to close to unlock $2,089/yr annual cash flow and $174/mo monthly cash flow. Total monthly income runs $1,014/mo, and a $661/mo payment keeps the spread at $174/mo. Purchase price stands at $135,000, and rental yield measures 9.01% with $1,014/mo rent. Return on cash invested shows 24.58% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 128.01% and total cumulative return in cash records $57,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,014/mo property income covering a $661/mo payment rather than investor’s personal income.
Townhouse
Built in 1950
1,302 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21230, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,297 (100%) |
| Owner Occupied HU | 8,217 (40.5%) |
| Renter Occupied HU | 9,114 (44.9%) |
| Vacant Housing Units | 2,966 (14.6%) |
| Median Home Value | $366,297 |
| Average Home Value | $389,487 |
Housing Distribution
Address Breakdown
Residential
18,842
Single Family
14,501
Multi-Family
4,341
Businesses
1,495
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