42 Strabane CtBaltimoreMD21234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 42 Strabane Ct, Baltimore, MD, 21234 priced at $299,999 converts $2,785/mo rent into $920/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,785/mo, and annual cash flow totals $11,034/yr on $99,450 invested. Return on cash invested prints 31% in year one, and rental yield reads 11.14% against a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 162.39% and total cumulative return in cash sums $161,496. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,785/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1973
1,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21234, Parkville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,267 (100%) |
| Owner Occupied HU | 17,586 (60.1%) |
| Renter Occupied HU | 10,161 (34.7%) |
| Vacant Housing Units | 1,520 ( 5.2%) |
| Median Home Value | $323,568 |
| Average Home Value | $380,201 |
Housing Distribution
Address Breakdown
Residential
28,929
Single Family
22,699
Multi-Family
6,230
Businesses
1,135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices