402 E Fort AveBaltimoreMD21230
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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 402 E Fort Ave, Baltimore, MD, 21230 listed at $458,000 pairs $2,851/mo rent with a $2,242/mo payment to leave $2/mo cash flow. Total monthly income runs $2,851/mo, and annual cash flow reaches $26/yr on $151,827 cash to close. Return on cash invested measures 19.93% in year one, and rental yield registers 7.47% at a $458,000 basis. Equity gained on principal adds $2,955/yr, and annual property appreciation at 5% supports $126,537 by year five. Five-year ROI tracks 103% and total cumulative return in cash totals $156,381. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,851/mo property income relative to a $2,242/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21230, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,297 (100%) |
| Owner Occupied HU | 8,217 (40.5%) |
| Renter Occupied HU | 9,114 (44.9%) |
| Vacant Housing Units | 2,966 (14.6%) |
| Median Home Value | $366,297 |
| Average Home Value | $389,487 |
Housing Distribution
Address Breakdown
Residential
18,842
Single Family
14,501
Multi-Family
4,341
Businesses
1,495
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