2124 Redthorn RdBaltimoreMD21220
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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 2124 Redthorn Rd, Baltimore, MD, 21220 uses $82,842 cash to close to unlock $1,547/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $1,683/mo, and a $1,223/mo payment keeps the spread at $129/mo. Purchase price stands at $249,900, and rental yield measures 8.08% with $1,683/mo rent. Return on cash invested shows 21.78% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 112.89% and total cumulative return in cash records $93,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,683/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Townhouse
Built in 1955
1,632 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21220, Middle River, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,638 (100%) |
| Owner Occupied HU | 11,529 (61.9%) |
| Renter Occupied HU | 5,869 (31.5%) |
| Vacant Housing Units | 1,240 ( 6.7%) |
| Median Home Value | $340,792 |
| Average Home Value | $401,193 |
Housing Distribution
Address Breakdown
Residential
18,191
Single Family
15,961
Multi-Family
2,230
Businesses
865
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