506 S Charles St #R92, Baltimore, MD, 21201 | $541/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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506 S Charles St #R92, Baltimore, MD, 21201 | $541/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Baltimore at 506 S Charles St #R92, Baltimore, MD, 21201 listed at $299,900 pairs $2,406/mo rent with a $1,468/mo payment to leave $541/mo cash flow. Total monthly income runs $2,406/mo, and annual cash flow reaches $6,488/yr on $99,417 cash to close. Return on cash invested measures 26.43% in year one, and rental yield registers 9.63% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 137.88% and total cumulative return in cash totals $137,080. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,406/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 506 S Charles St #R92 in historic Otterbeinan airy 2BR/2BA condo with an open floor plan, woodburning fireplace, and hardwood floors throughout. Set on the 2nd floor for enhanced neighborhood/treetop views, the sunfilled living and dining area flows seamlessly for everyday living and easy entertaining. Two wellsized bedrooms and two full baths offer comfortable flexibility for guests or a home office. Assigned, gated parking conveysrare and convenient for city living. Unbeatable location just minutes to the Inner Harbor, Downtown, Federal Hill, M&T Bank Stadium, Camden Yards, and countless shops and restaurants. Enjoy lowmaintenance living in the heart of Baltimore with everything you love right outside your door.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21201, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,644 (100%)
Owner Occupied HU	918 ( 6.7%)
Renter Occupied HU	10,274 (75.3%)
Vacant Housing Units	2,452 (18.0%)
Median Home Value	$295,438
Average Home Value	$342,100