317 E Lorraine AveBaltimoreMD21218
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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 317 E Lorraine Ave, Baltimore, MD, 21218 with 5% annual appreciation on a $324,000 basis while $2,274/mo rent supports operations. Total monthly income totals $2,274/mo and a $1,586/mo payment preserves $259/mo for cash returns. Annual cash flow comes to $3,104/yr on $107,406 deployed, and return on cash invested reaches 22.8% in year one. Equity gained on principal adds $2,091/yr, and five-year appreciation sums $89,515 alongside rental yield of 8.42%. Five-year ROI measures 118.38% and total cumulative return in cash totals $127,151.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,274/mo property income versus a $1,586/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1900
1,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21218, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,455 (100%) |
| Owner Occupied HU | 8,607 (38.3%) |
| Renter Occupied HU | 10,655 (47.5%) |
| Vacant Housing Units | 3,193 (14.2%) |
| Median Home Value | $257,917 |
| Average Home Value | $319,896 |
Housing Distribution
Address Breakdown
Residential
20,798
Single Family
14,041
Multi-Family
6,757
Businesses
1,365
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