3 Ginford Pl UNIT 101BaltimoreMD21228
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3 Ginford Pl UNIT 101, Baltimore, MD, 21228 in Baltimore at $310,000 earns $2,251/mo in rent and nets $63/mo after the $1,394/mo payment, a 8.71% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $85,647 over five years. Ziffy Mortgage underwrites this on a 1.61 DSCR without U.S. credit history. With $2,855/yr in principal paydown, total projected return reaches $138,408.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 4.8% |
| Monthly Cash Flow | $63 | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,251 |
| Total Monthly Debt Service | $1,805 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21228, Catonsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,477 (100%) |
| Owner Occupied HU | 13,999 (68.4%) |
| Renter Occupied HU | 5,559 (27.1%) |
| Vacant Housing Units | 919 ( 4.5%) |
| Median Home Value | $429,715 |
| Average Home Value | $478,068 |
Housing Distribution
Address Breakdown
Residential
19,769
Single Family
15,449
Multi-Family
4,320
Businesses
1,398
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
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21228, Catonsville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,477 (100%) |
| Owner Occupied HU | 13,999 (68.4%) |
| Renter Occupied HU | 5,559 (27.1%) |
| Vacant Housing Units | 919 ( 4.5%) |
| Median Home Value | $429,715 |
| Average Home Value | $478,068 |
Housing Distribution
Address Breakdown
Residential
19,769
Single Family
15,449
Multi-Family
4,320
Businesses
1,398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices