2702 Lighthouse Point E #532BaltimoreMD21224
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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 Lighthouse Point E #532, Baltimore, MD, 21224 earns $60/mo cash flow from $2,080/mo rent with a $1,590/mo payment. Total monthly income totals $2,080/mo, and annual cash flow totals $714/yr on $107,704 capital. ROI tracks 20.57% on current figures, and rental yield reads 7.68% at a $324,900 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 over five years. Five-year ROI reaches 106.45% and total cumulative return in cash sums $114,653. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,080/mo property income instead of your personal income.
Condo
Built in 2006
1,029 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21224, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,761 (100%) |
| Owner Occupied HU | 11,693 (45.4%) |
| Renter Occupied HU | 11,336 (44.0%) |
| Vacant Housing Units | 2,732 (10.6%) |
| Median Home Value | $309,162 |
| Average Home Value | $337,987 |
Housing Distribution
Address Breakdown
Residential
24,417
Single Family
22,031
Multi-Family
2,386
Businesses
2,177
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