3 W Mount Vernon Pl UNIT 1BaltimoreMD21201
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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 3 W Mount Vernon Pl UNIT 1, Baltimore, MD, 21201 with 5% annual appreciation on a $269,000 basis while $1,990/mo rent supports operations. Total monthly income totals $1,990/mo and a $1,317/mo payment preserves $317/mo for cash returns. Annual cash flow comes to $3,799/yr on $89,174 deployed, and return on cash invested reaches 24.17% in year one. Equity gained on principal adds $1,736/yr, and five-year appreciation sums $74,320 alongside rental yield of 8.88%. Five-year ROI measures 125.75% and total cumulative return in cash totals $112,139.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,990/mo property income versus a $1,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21201, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,644 (100%) |
| Owner Occupied HU | 918 ( 6.7%) |
| Renter Occupied HU | 10,274 (75.3%) |
| Vacant Housing Units | 2,452 (18.0%) |
| Median Home Value | $295,438 |
| Average Home Value | $342,100 |
Housing Distribution
Address Breakdown
Residential
12,952
Single Family
3,354
Multi-Family
9,598
Businesses
2,031
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