602 E Cliff StBaltimoreOH43105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 602 E Cliff St, Baltimore, OH, 43105 generates $1,020/mo in rent and, after a $590/mo payment, leaves $227/mo in cash flow. Total monthly income is $1,020/mo, and annual cash flow is $2,726/yr on $39,946 invested. Return on cash invested sits at 26.73% in year one, and rental yield is 10.16% on a $120,500 entry. Equity gained on principal adds $778/yr, while 5% annual appreciation builds toward $33,292 over five years. Five-year ROI reaches 140.07% and total cumulative return in cash sums $55,952. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43105, Baltimore, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,537 (100%) |
| Owner Occupied HU | 2,778 (78.5%) |
| Renter Occupied HU | 631 (17.8%) |
| Vacant Housing Units | 128 ( 3.6%) |
| Median Home Value | $352,314 |
| Average Home Value | $395,337 |
Housing Distribution
Address Breakdown
Residential
3,384
Single Family
3,220
Multi-Family
164
Businesses
190
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices