311 E Lake AveBaltimoreMD21212
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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 311 E Lake Ave, Baltimore, MD, 21212 priced at $475,000 pairs $2,905/mo rent with after a $2,325/mo payment. Total monthly income equals $2,905/mo. Return on cash invested is 19.53% in year one, and rental yield stands at 7.34% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 100.87% and total cumulative return in cash reaches $158,839. For financing, Ziffy Mortgage’s DSCR program evaluates $2,905/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21212, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,393 (100%) |
| Owner Occupied HU | 8,572 (59.6%) |
| Renter Occupied HU | 4,608 (32.0%) |
| Vacant Housing Units | 1,213 ( 8.4%) |
| Median Home Value | $381,989 |
| Average Home Value | $467,085 |
Housing Distribution
Address Breakdown
Residential
13,017
Single Family
10,923
Multi-Family
2,094
Businesses
567
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