27 W Baltimore StFunkstownMD21734
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 27 W Baltimore St, Funkstown, MD, 21734 in Funkstown. Rental yield 4.13%. At $589,000 with 4.13% gross yield, current distributions are modest, but the 5% appreciation rate projects $162,730 in new equity by year five, complemented by $5,425/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.77) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $118,160.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 6.0% |
| Monthly Cash Flow | $(1,635) | $450 |
City averages based on Funkstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,028 |
| Total Monthly Debt Service | $3,429 |
| DSCR Ratio | 0.59x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
9,786 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21734, Funkstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 372 (100%) |
| Owner Occupied HU | 203 (54.6%) |
| Renter Occupied HU | 145 (39.0%) |
| Vacant Housing Units | 24 ( 6.5%) |
| Median Home Value | $264,041 |
| Average Home Value | $258,325 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
91
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
Multi Family
Built in 1900
9,786 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21734, Funkstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 372 (100%) |
| Owner Occupied HU | 203 (54.6%) |
| Renter Occupied HU | 145 (39.0%) |
| Vacant Housing Units | 24 ( 6.5%) |
| Median Home Value | $264,041 |
| Average Home Value | $258,325 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices