2846 Lake AveBaltimoreMD21213
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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 2846 Lake Ave, Baltimore, MD, 21213 earns $372/mo cash flow from $1,859/mo rent with a $1,170/mo payment. Total monthly income totals $1,859/mo, and annual cash flow totals $4,468/yr on $79,229 capital. ROI tracks 25.55% on current figures, and rental yield reads 9.33% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 133.15% and total cumulative return in cash sums $105,492. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,859/mo property income instead of your personal income.
Townhouse
Built in 1926
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21213, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,228 (100%) |
| Owner Occupied HU | 5,690 (43.0%) |
| Renter Occupied HU | 5,065 (38.3%) |
| Vacant Housing Units | 2,473 (18.7%) |
| Median Home Value | $138,257 |
| Average Home Value | $216,706 |
Housing Distribution
Address Breakdown
Residential
11,326
Single Family
10,607
Multi-Family
719
Businesses
494
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