3049 Oak Forest DrBaltimoreMD21234
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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 3049 Oak Forest Dr, Baltimore, MD, 21234 uses $112,710 cash to close to unlock $4,866/yr annual cash flow and $406/mo monthly cash flow. Total monthly income runs $2,520/mo, and a $1,664/mo payment keeps the spread at $406/mo. Purchase price stands at $339,999, and rental yield measures 8.89% with $2,520/mo rent. Return on cash invested shows 24.23% in year one, and 5% annual appreciation builds toward $93,935 over five years. Five-year ROI reaches 126.04% and total cumulative return in cash records $142,062. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1941
4,997 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21234, Parkville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,267 (100%) |
| Owner Occupied HU | 17,586 (60.1%) |
| Renter Occupied HU | 10,161 (34.7%) |
| Vacant Housing Units | 1,520 ( 5.2%) |
| Median Home Value | $323,568 |
| Average Home Value | $380,201 |
Housing Distribution
Address Breakdown
Residential
28,929
Single Family
22,699
Multi-Family
6,230
Businesses
1,135
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