341 Homeland Southway UNIT 2ABaltimoreMD21212
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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 341 Homeland Southway UNIT 2A, Baltimore, MD, 21212 generates $1,507/mo in rent and, after a $1,052/mo payment, leaves $170/mo in cash flow. Total monthly income is $1,507/mo, and annual cash flow is $2,042/yr on $71,269 invested. Return on cash invested sits at 22.77% in year one, and rental yield is 8.41% on a $214,990 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,398 over five years. Five-year ROI reaches 118.3% and total cumulative return in cash sums $84,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,507/mo property income rather than buyer’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21212, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,393 (100%) |
| Owner Occupied HU | 8,572 (59.6%) |
| Renter Occupied HU | 4,608 (32.0%) |
| Vacant Housing Units | 1,213 ( 8.4%) |
| Median Home Value | $381,989 |
| Average Home Value | $467,085 |
Housing Distribution
Address Breakdown
Residential
13,017
Single Family
10,923
Multi-Family
2,094
Businesses
567
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