3110 Wolcott AveBaltimoreMD21216
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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 3110 Wolcott Ave, Baltimore, MD, 21216 priced at $115,000 converts $863/mo rent into $148/mo cash flow after a $563/mo obligation. Total monthly income equals $863/mo, and annual cash flow totals $1,771/yr on $38,123 invested. Return on cash invested prints 24.56% in year one, and rental yield reads 9.01% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 127.82% and total cumulative return in cash sums $48,729. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $863/mo property income covering a $563/mo payment, not borrower’s personal income.
Townhouse
Built in 1924
2,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21216, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,004 (100%) |
| Owner Occupied HU | 5,486 (39.2%) |
| Renter Occupied HU | 5,494 (39.2%) |
| Vacant Housing Units | 3,024 (21.6%) |
| Median Home Value | $188,217 |
| Average Home Value | $272,901 |
Housing Distribution
Address Breakdown
Residential
11,245
Single Family
9,849
Multi-Family
1,396
Businesses
426
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