24 Shawn CtBaltimoreMD21236
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
Rental property for sale in Baltimore at 24 Shawn Ct, Baltimore, MD, 21236 offers $3,413/mo rent that, after a $2,520/mo payment, leaves $211/mo cash flow. Total monthly income is $3,413/mo, and annual cash flow is $2,529/yr on $169,402 cash. Return on cash invested measures 21.55% in year one, and rental yield stands at 7.95% at a $514,900 entry. Equity gained on principal adds $3,323/yr while 5% annual appreciation compounds into $142,257 by year five. Five-year ROI records 111.66% and total cumulative return in cash reaches $189,150. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,413/mo property income versus a $2,520/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21236, Nottingham, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,587 (100%) |
| Owner Occupied HU | 11,831 (67.3%) |
| Renter Occupied HU | 4,960 (28.2%) |
| Vacant Housing Units | 796 ( 4.5%) |
| Median Home Value | $345,118 |
| Average Home Value | $376,114 |
Housing Distribution
Address Breakdown
Residential
16,803
Single Family
12,864
Multi-Family
3,939
Businesses
1,305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices