509 S Collington AveBaltimoreMD21231
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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 509 S Collington Ave, Baltimore, MD, 21231 priced at $249,900 converts $1,791/mo rent into $237/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,791/mo, and annual cash flow totals $2,843/yr on $82,842 invested. Return on cash invested prints 23.34% in year one, and rental yield reads 8.6% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 121.29% and total cumulative return in cash sums $100,478. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,791/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Townhouse
Built in 1880
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21231, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,802 (100%) |
| Owner Occupied HU | 2,844 (26.3%) |
| Renter Occupied HU | 6,204 (57.4%) |
| Vacant Housing Units | 1,754 (16.2%) |
| Median Home Value | $376,073 |
| Average Home Value | $431,165 |
Housing Distribution
Address Breakdown
Residential
8,949
Single Family
5,768
Multi-Family
3,181
Businesses
806
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