505 Laurens StBaltimoreMD21217
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 505 Laurens St, Baltimore, MD, 21217 in Baltimore: $2,549/mo in rent, $1,559/mo net, 21.83% gross yield, all on a $140,100 acquisition. The 4.05 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $38,707 in value, and $1,290/yr in principal paydown steadily builds equity. Projected total cumulative return: $153,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.8% | 4.8% |
| Monthly Cash Flow | $1,559 | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,549 |
| Total Monthly Debt Service | $934 |
| DSCR Ratio | 2.73x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21217, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,293 (100%) |
| Owner Occupied HU | 4,471 (24.4%) |
| Renter Occupied HU | 9,610 (52.5%) |
| Vacant Housing Units | 4,212 (23.0%) |
| Median Home Value | $283,175 |
| Average Home Value | $302,895 |
Housing Distribution
Address Breakdown
Residential
13,877
Single Family
8,987
Multi-Family
4,890
Businesses
677
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
Single Family
Built in 1920
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21217, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,293 (100%) |
| Owner Occupied HU | 4,471 (24.4%) |
| Renter Occupied HU | 9,610 (52.5%) |
| Vacant Housing Units | 4,212 (23.0%) |
| Median Home Value | $283,175 |
| Average Home Value | $302,895 |
Housing Distribution
Address Breakdown
Residential
13,877
Single Family
8,987
Multi-Family
4,890
Businesses
677
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices