3031 Fallstaff Rd UNIT 306CBaltimoreMD21209
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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 3031 Fallstaff Rd UNIT 306C, Baltimore, MD, 21209 offers a 9.13% rental yield on a $199,900 purchase with $1,521/mo rent. Total monthly income registers $1,521/mo, and a $978/mo payment leaves $278/mo available for distribution. Annual cash flow reaches $3,338/yr on $66,267 to close, and return on cash invested stands at 24.95% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 129.93% and total cumulative return in cash at $86,101. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,521/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21209, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,417 (100%) |
| Owner Occupied HU | 7,046 (56.7%) |
| Renter Occupied HU | 4,736 (38.1%) |
| Vacant Housing Units | 635 ( 5.1%) |
| Median Home Value | $517,404 |
| Average Home Value | $548,957 |
Housing Distribution
Address Breakdown
Residential
12,268
Single Family
6,574
Multi-Family
5,694
Businesses
608
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