2338 Searles RdBaltimoreMD21222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2338 Searles Rd, Baltimore, MD, 21222 uses $74,588 cash to close to unlock $2,338/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $1,594/mo, and a $1,101/mo payment keeps the spread at $195/mo. Purchase price stands at $225,000, and rental yield measures 8.5% with $1,594/mo rent. Return on cash invested shows 23.04% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 119.69% and total cumulative return in cash records $89,277. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,594/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Townhouse
Built in 1956
1,680 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21222, Dundalk, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,196 (100%) |
| Owner Occupied HU | 14,258 (58.9%) |
| Renter Occupied HU | 8,161 (33.7%) |
| Vacant Housing Units | 1,777 ( 7.3%) |
| Median Home Value | $268,319 |
| Average Home Value | $356,690 |
Housing Distribution
Address Breakdown
Residential
23,108
Single Family
21,244
Multi-Family
1,864
Businesses
1,070
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices