600 Richwood AveBaltimoreMD21212
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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
Investment property for sale in Baltimore at 600 Richwood Ave, Baltimore, MD, 21212 uses $82,842 cash to close to unlock $2,339/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $1,749/mo, and a $1,223/mo payment keeps the spread at $195/mo. Purchase price stands at $249,900, and rental yield measures 8.4% with $1,749/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 118.02% and total cumulative return in cash records $97,766. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,749/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Townhouse
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21212, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,393 (100%) |
| Owner Occupied HU | 8,572 (59.6%) |
| Renter Occupied HU | 4,608 (32.0%) |
| Vacant Housing Units | 1,213 ( 8.4%) |
| Median Home Value | $381,989 |
| Average Home Value | $467,085 |
Housing Distribution
Address Breakdown
Residential
13,017
Single Family
10,923
Multi-Family
2,094
Businesses
567
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