301 3rd StBaltimoreMD21206
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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
Rental property for sale in Baltimore at 301 3rd St, Baltimore, MD, 21206 offers $1,749/mo rent that, after a $1,219/mo payment, leaves $200/mo cash flow. Total monthly income is $1,749/mo, and annual cash flow is $2,401/yr on $82,544 cash. Return on cash invested measures 22.82% in year one, and rental yield stands at 8.43% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 118.54% and total cumulative return in cash reaches $97,844. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,749/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
3,432 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21206, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,951 (100%) |
| Owner Occupied HU | 11,208 (53.5%) |
| Renter Occupied HU | 8,047 (38.4%) |
| Vacant Housing Units | 1,696 ( 8.1%) |
| Median Home Value | $241,785 |
| Average Home Value | $281,925 |
Housing Distribution
Address Breakdown
Residential
20,274
Single Family
15,258
Multi-Family
5,016
Businesses
715
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