2620-2620B W Peninsula Dr LOT 316BBaltimoreMD21230
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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 2620-2620B W Peninsula Dr LOT 316B, Baltimore, MD, 21230 generates $2,400/mo in rent, after a $3,162/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 10.19% in year one, and rental yield is 4.46% on a $646,125 entry. Equity gained on principal adds $4,169/yr, while 5% annual appreciation builds toward $178,512 over five years. Five-year ROI reaches 51% and total cumulative return in cash sums $108,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21230, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,297 (100%) |
| Owner Occupied HU | 8,217 (40.5%) |
| Renter Occupied HU | 9,114 (44.9%) |
| Vacant Housing Units | 2,966 (14.6%) |
| Median Home Value | $366,297 |
| Average Home Value | $389,487 |
Housing Distribution
Address Breakdown
Residential
18,842
Single Family
14,501
Multi-Family
4,341
Businesses
1,495
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Listed by: Sylvia Cowles • Sylvia Scott Cowles
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDBA2115578
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