2109 Ridgehill AveBaltimoreMD21217
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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 2109 Ridgehill Ave, Baltimore, MD, 21217 generates $1,437/mo in rent and, after a $905/mo payment, leaves $287/mo in cash flow. Total monthly income is $1,437/mo, and annual cash flow is $3,443/yr on $61,328 invested. Return on cash invested sits at 25.52% in year one, and rental yield is 9.32% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 132.96% and total cumulative return in cash sums $81,543. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,437/mo property income rather than buyer’s personal income.
Townhouse
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21217, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,293 (100%) |
| Owner Occupied HU | 4,471 (24.4%) |
| Renter Occupied HU | 9,610 (52.5%) |
| Vacant Housing Units | 4,212 (23.0%) |
| Median Home Value | $283,175 |
| Average Home Value | $302,895 |
Housing Distribution
Address Breakdown
Residential
13,877
Single Family
8,987
Multi-Family
4,890
Businesses
677
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