2218 Ruskin Ave, Baltimore, MD, 21217 | $324/mo Cash Flow

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2218 Ruskin Ave, Baltimore, MD, 21217 | $324/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Baltimore at 2218 Ruskin Ave, Baltimore, MD, 21217 offers a 9.45% rental yield on a $195,000 purchase with $1,536/mo rent. Total monthly income registers $1,536/mo, and a $954/mo payment leaves $324/mo available for distribution. Annual cash flow reaches $3,883/yr on $64,643 to close, and return on cash invested stands at 25.92% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 135.12% and total cumulative return in cash at $87,346. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,536/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1920

1,364 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this gorgeously renovated home located in Baltimore's Druid Heights neighborhood. This homes features exposed brick throughout and an additional full bathroom on the main floor of the home. All new appliances and carpet were featured in this renovation allowing the new owner to move right in. The seller is offering a concession towards closing costs.This home is minutes from some of the charm Baltimore has to offer, located directly across the street from Druid Hill Park and The Baltimore Zoo while also being minutes from Downtown. Take advantage of this opportunity now because it wont last!!!!

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