2913 McElderry StBaltimoreMD21205
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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 2913 McElderry St, Baltimore, MD, 21205 listed at $175,000 pairs $1,385/mo rent with a $857/mo payment to leave $296/mo cash flow. Total monthly income runs $1,385/mo, and annual cash flow reaches $3,553/yr on $58,013 cash to close. Return on cash invested measures 26.03% in year one, and rental yield registers 9.5% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 135.81% and total cumulative return in cash totals $78,787. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,385/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1915
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21205, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,830 (100%) |
| Owner Occupied HU | 2,181 (31.9%) |
| Renter Occupied HU | 3,520 (51.5%) |
| Vacant Housing Units | 1,129 (16.5%) |
| Median Home Value | $89,225 |
| Average Home Value | $161,205 |
Housing Distribution
Address Breakdown
Residential
5,841
Single Family
4,790
Multi-Family
1,051
Businesses
623
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