3 Ginford Pl UNIT 301BaltimoreMD21228
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
Investment Highlights
Investment property for sale in Baltimore at 3 Ginford Pl UNIT 301, Baltimore, MD, 21228 uses $99,119 cash to close to unlock $5,962/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $2,356/mo, and a $1,463/mo payment keeps the spread at $497/mo. Purchase price stands at $299,000, and rental yield measures 9.46% with $2,356/mo rent. Return on cash invested shows 25.92% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 135.13% and total cumulative return in cash records $133,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,356/mo property income covering a $1,463/mo payment rather than investor’s personal income.
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