349 Homeland Southway UNIT 3BBaltimoreMD21212
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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 349 Homeland Southway UNIT 3B, Baltimore, MD, 21212 earns $245/mo cash flow from $1,237/mo rent with a $781/mo payment. Total monthly income totals $1,237/mo, and annual cash flow totals $2,936/yr on $52,874 capital. ROI tracks 25.46% on current figures, and rental yield reads 9.31% at a $159,500 purchase. Equity gained on principal adds $1,029/yr, and 5% annual appreciation supports $44,067 over five years. Five-year ROI reaches 132.66% and total cumulative return in cash sums $70,141. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,237/mo property income instead of your personal income.
Condo
Built in 1979
1,043 sqft 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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