506 E Patapsco AveBaltimoreMD21225
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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 506 E Patapsco Ave, Baltimore, MD, 21225 offers $1,965/mo rent that, after a $1,366/mo payment, leaves $229/mo cash flow. Total monthly income is $1,965/mo, and annual cash flow is $2,752/yr on $92,489 cash. Return on cash invested measures 22.88% in year one, and rental yield stands at 8.45% at a $279,000 entry. Equity gained on principal adds $1,800/yr while 5% annual appreciation compounds into $77,083 by year five. Five-year ROI records 118.88% and total cumulative return in cash reaches $109,951. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,965/mo property income versus a $1,366/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1886
1,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21225, Brooklyn, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,750 (100%) |
| Owner Occupied HU | 6,058 (44.1%) |
| Renter Occupied HU | 6,356 (46.2%) |
| Vacant Housing Units | 1,336 ( 9.7%) |
| Median Home Value | $251,508 |
| Average Home Value | $267,529 |
Housing Distribution
Address Breakdown
Residential
12,757
Single Family
12,258
Multi-Family
499
Businesses
575
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