311 W 31st StBaltimoreMD21211
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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 W 31st St, Baltimore, MD, 21211 generates $1,582/mo in rent, after a $1,125/mo payment. Total monthly income is $1,582/mo. Return on cash invested sits at 18.76% in year one, and rental yield is 8.26% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 97.98% and total cumulative return in cash sums $74,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,582/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21211, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,433 (100%) |
| Owner Occupied HU | 4,555 (48.3%) |
| Renter Occupied HU | 4,025 (42.7%) |
| Vacant Housing Units | 853 ( 9.0%) |
| Median Home Value | $321,419 |
| Average Home Value | $342,025 |
Housing Distribution
Address Breakdown
Residential
8,995
Single Family
6,669
Multi-Family
2,326
Businesses
958
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