402 Grindall St UNIT ABaltimoreMD21230
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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 Grindall St UNIT A, Baltimore, MD, 21230 earns $115/mo cash flow from $1,420/mo rent with a $1,027/mo payment. Total monthly income totals $1,420/mo, and annual cash flow totals $1,379/yr on $69,582 capital. ROI tracks 21.89% on current figures, and rental yield reads 8.12% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 113.49% and total cumulative return in cash sums $78,968. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,420/mo property income instead of your personal income.
Condo
Built in 2002
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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