2702 Garrison BlvdBaltimoreMD21216
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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
Investment property for sale in Baltimore at 2702 Garrison Blvd, Baltimore, MD, 21216 uses $149,175 cash to close to unlock $8,769/yr annual cash flow and $731/mo monthly cash flow. Total monthly income runs $3,530/mo, and a $2,203/mo payment keeps the spread at $731/mo. Purchase price stands at $450,000, and rental yield measures 9.41% with $3,530/mo rent. Return on cash invested shows 25.79% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 134.41% and total cumulative return in cash records $200,502. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,530/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1920
8,580 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21216, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,004 (100%) |
| Owner Occupied HU | 5,486 (39.2%) |
| Renter Occupied HU | 5,494 (39.2%) |
| Vacant Housing Units | 3,024 (21.6%) |
| Median Home Value | $188,217 |
| Average Home Value | $272,901 |
Housing Distribution
Address Breakdown
Residential
11,245
Single Family
9,849
Multi-Family
1,396
Businesses
426
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