3321 Elm AveBaltimoreMD21211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3321 Elm Ave, Baltimore, MD, 21211 uses $79,527 cash to close to unlock $6,062/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $1,997/mo, and a $1,174/mo payment keeps the spread at $505/mo. Purchase price stands at $239,900, and rental yield measures 9.99% with $1,997/mo rent. Return on cash invested shows 27.53% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 143.81% and total cumulative return in cash records $114,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,997/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Townhouse
Built in 1900
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices