220 W Read StBaltimoreMD21201
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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 220 W Read St, Baltimore, MD, 21201 with 5% annual appreciation on a $339,900 basis while $2,396/mo rent supports operations. Total monthly income totals $2,396/mo and a $1,664/mo payment preserves $282/mo for cash returns. Annual cash flow comes to $3,380/yr on $112,677 deployed, and return on cash invested reaches 22.91% in year one. Equity gained on principal adds $2,193/yr, and five-year appreciation sums $93,908 alongside rental yield of 8.46%. Five-year ROI measures 118.97% and total cumulative return in cash totals $134,051.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,396/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1900
1,220 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21201, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,644 (100%) |
| Owner Occupied HU | 918 ( 6.7%) |
| Renter Occupied HU | 10,274 (75.3%) |
| Vacant Housing Units | 2,452 (18.0%) |
| Median Home Value | $295,438 |
| Average Home Value | $342,100 |
Housing Distribution
Address Breakdown
Residential
12,952
Single Family
3,354
Multi-Family
9,598
Businesses
2,031
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