449 Baltimore AveCumberlandMD21502
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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 Cumberland at 449 Baltimore Ave, Cumberland, MD, 21502 offers $992/mo rent that, after a $636/mo payment, leaves $184/mo cash flow. Total monthly income is $992/mo, and annual cash flow is $2,205/yr on $43,095 cash. Return on cash invested measures 25.03% in year one, and rental yield stands at 9.16% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 130.35% and total cumulative return in cash reaches $56,175. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $992/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
3,552 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21502, Cumberland, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,121 (100%) |
| Owner Occupied HU | 11,103 (58.1%) |
| Renter Occupied HU | 4,972 (26.0%) |
| Vacant Housing Units | 3,046 (15.9%) |
| Median Home Value | $165,221 |
| Average Home Value | $212,127 |
Housing Distribution
Address Breakdown
Residential
17,230
Single Family
15,703
Multi-Family
1,527
Businesses
1,428
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Listed by: Joaquin Cerritos • RE/MAX Realty Group
Mls Name: Bright MLS
Mls ID: #MDAL2013488