513 S Patterson Park 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 513 S Patterson Park Ave, Baltimore, MD, 21231 priced at $425,000 pairs $2,899/mo rent with $256/mo cash flow after a $2,080/mo payment. Total monthly income equals $2,899/mo, and annual cash flow comes to $3,071/yr on $140,888 invested. Return on cash invested is 22.09% in year one, and rental yield stands at 8.19% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 114.55% and total cumulative return in cash reaches $161,393. For financing, Ziffy Mortgage’s DSCR program evaluates $2,899/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1920
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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