448 Ilchester AveBaltimoreMD21218
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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
Rental property for sale in Baltimore at 448 Ilchester Ave, Baltimore, MD, 21218 priced at $299,900 converts $2,119/mo rent into $254/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,119/mo, and annual cash flow totals $3,044/yr on $99,417 invested. Return on cash invested prints 22.97% in year one, and rental yield reads 8.48% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 119.31% and total cumulative return in cash sums $118,612. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,119/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Townhouse
Built in 1915
1,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21218, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,455 (100%) |
| Owner Occupied HU | 8,607 (38.3%) |
| Renter Occupied HU | 10,655 (47.5%) |
| Vacant Housing Units | 3,193 (14.2%) |
| Median Home Value | $257,917 |
| Average Home Value | $319,896 |
Housing Distribution
Address Breakdown
Residential
20,798
Single Family
14,041
Multi-Family
6,757
Businesses
1,365
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