318 S Payson StBaltimoreMD21223
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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 318 S Payson St, Baltimore, MD, 21223 offers $1,482/mo rent that, after a $925/mo payment, leaves $307/mo cash flow. Total monthly income is $1,482/mo, and annual cash flow is $3,679/yr on $62,654 cash. Return on cash invested measures 25.78% in year one, and rental yield stands at 9.41% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 134.41% and total cumulative return in cash reaches $84,214. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,482/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1900
864 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21223, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,976 (100%) |
| Owner Occupied HU | 2,644 (24.1%) |
| Renter Occupied HU | 5,226 (47.6%) |
| Vacant Housing Units | 3,106 (28.3%) |
| Median Home Value | $133,065 |
| Average Home Value | $205,327 |
Housing Distribution
Address Breakdown
Residential
8,996
Single Family
7,426
Multi-Family
1,570
Businesses
854
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