217 E Preston StBaltimoreMD21202
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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 217 E Preston St, Baltimore, MD, 21202 priced at $995,000 converts $2,438/mo rent into after a $4,870/mo obligation. Total monthly income equals $2,438/mo. Return on cash invested prints 6.31% in year one, and rental yield reads 2.94% against a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation compiles into $274,900 by year five. Five-year ROI reaches 29.94% and total cumulative return in cash sums $97,998. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,438/mo property income covering a $4,870/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21202, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,501 (100%) |
| Owner Occupied HU | 2,160 (14.9%) |
| Renter Occupied HU | 9,766 (67.3%) |
| Vacant Housing Units | 2,575 (17.8%) |
| Median Home Value | $333,514 |
| Average Home Value | $401,184 |
Housing Distribution
Address Breakdown
Residential
11,897
Single Family
3,818
Multi-Family
8,079
Businesses
1,992
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