323 3rd AveBaltimoreMD21227
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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 323 3rd Ave, Baltimore, MD, 21227 offers a 9.45% rental yield on a $155,000 purchase with $1,221/mo rent. Total monthly income registers $1,221/mo, and a $759/mo payment leaves $257/mo available for distribution. Annual cash flow reaches $3,080/yr on $51,383 to close, and return on cash invested stands at 25.9% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 135.06% and total cumulative return in cash at $69,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,221/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
6,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21227, Halethorpe, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,782 (100%) |
| Owner Occupied HU | 8,244 (59.8%) |
| Renter Occupied HU | 4,715 (34.2%) |
| Vacant Housing Units | 823 ( 6.0%) |
| Median Home Value | $328,317 |
| Average Home Value | $368,618 |
Housing Distribution
Address Breakdown
Residential
13,155
Single Family
12,405
Multi-Family
750
Businesses
1,273
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