3400 Essex RdBaltimoreMD21207
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3400 Essex Rd, Baltimore, MD, 21207 in Baltimore hard to pass up. The 10.14% gross yield on a $400,000 purchase results in $3,380/mo in rent and $893/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.88). Annual cash flow of $10,711, five-year appreciation of $110,513, and $3,684/yr in equity build-up combine for a projected total cumulative return of $209,110.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 4.8% |
| Monthly Cash Flow | $893 | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,380 |
| Total Monthly Debt Service | $2,329 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21207, Gwynn Oak, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 11,264 (57.1%) |
| Renter Occupied HU | 6,973 (35.3%) |
| Vacant Housing Units | 1,495 ( 7.6%) |
| Median Home Value | $284,553 |
| Average Home Value | $333,769 |
Housing Distribution
Address Breakdown
Residential
19,354
Single Family
16,126
Multi-Family
3,228
Businesses
763
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
Single Family
Built in 1954
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21207, Gwynn Oak, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 11,264 (57.1%) |
| Renter Occupied HU | 6,973 (35.3%) |
| Vacant Housing Units | 1,495 ( 7.6%) |
| Median Home Value | $284,553 |
| Average Home Value | $333,769 |
Housing Distribution
Address Breakdown
Residential
19,354
Single Family
16,126
Multi-Family
3,228
Businesses
763
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
