2529 Boarman AveBaltimoreMD21215
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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 2529 Boarman Ave, Baltimore, MD, 21215 offers $2,215/mo rent that, after a $1,251/mo payment, leaves $625/mo cash flow. Total monthly income is $2,215/mo, and annual cash flow is $7,506/yr on $84,698 cash. Return on cash invested measures 28.77% in year one, and rental yield stands at 10.4% at a $255,500 entry. Equity gained on principal adds $1,649/yr while 5% annual appreciation compounds into $70,590 by year five. Five-year ROI records 150.45% and total cumulative return in cash reaches $127,425. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,215/mo property income versus a $1,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1940
1,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21215, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,693 (100%) |
| Owner Occupied HU | 10,748 (41.8%) |
| Renter Occupied HU | 11,355 (44.2%) |
| Vacant Housing Units | 3,590 (14.0%) |
| Median Home Value | $232,847 |
| Average Home Value | $277,818 |
Housing Distribution
Address Breakdown
Residential
23,351
Single Family
16,062
Multi-Family
7,289
Businesses
1,556
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