3031 Fallstaff Rd UNIT 306CBaltimoreMD21209
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 3031 Fallstaff Rd UNIT 306C, Baltimore, MD, 21209 in Baltimore is the 1.69 coverage ratio: rent of $1,521/mo versus a $899/mo debt payment on a $199,900 property. Rental yield 9.13%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $55,229 by year five, with $1,841/yr in equity from paydown. Total projected cumulative return: $93,722.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 4.8% |
| Monthly Cash Flow | $(443) | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,521 |
| Total Monthly Debt Service | $1,164 |
| DSCR Ratio | 1.31x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices