605 Lake DrBaltimoreMD21286
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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 605 Lake Dr, Baltimore, MD, 21286 offers a 4.87% rental yield on a $1,199,999 purchase with $4,873/mo rent. 38% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Portfolio math shows five-year ROI at 62.39% and total cumulative return in cash at $242,555. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,873/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21286, Towson, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,178 (100%) |
| Owner Occupied HU | 6,057 (54.2%) |
| Renter Occupied HU | 3,997 (35.8%) |
| Vacant Housing Units | 1,124 (10.1%) |
| Median Home Value | $466,123 |
| Average Home Value | $494,134 |
Housing Distribution
Address Breakdown
Residential
10,606
Single Family
7,160
Multi-Family
3,446
Businesses
935
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