351 Homeland Southway UNIT 3DBaltimoreMD21212
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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 351 Homeland Southway UNIT 3D, Baltimore, MD, 21212 offers a 9.06% rental yield on a $179,550 purchase with $1,356/mo rent. 76% in year one. Equity gained on principal adds $1,159/yr while 5% annual appreciation supports $49,606 over five years. Portfolio math shows five-year ROI at 73.86% and total cumulative return in cash at $43,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,356/mo property income against a $879/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
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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Listed by: Kenneth Hobbs • ExecuHome Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDBA2145958
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