608 S Glover StBaltimoreMD21224
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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 608 S Glover St, Baltimore, MD, 21224 priced at $515,000 pairs $3,857/mo rent with $654/mo cash flow after a $2,521/mo payment. Total monthly income equals $3,857/mo, and annual cash flow comes to $7,844/yr on $169,435 invested. Return on cash invested is 24.69% in year one, and rental yield stands at 8.99% on a $515,000 basis. Equity gained on principal adds $3,323/yr, and 5% annual appreciation accumulates to $142,285 by year five. Five-year ROI measures 128.49% and total cumulative return in cash reaches $217,705. For financing, Ziffy Mortgage’s DSCR program evaluates $3,857/mo property income against a $2,521/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2008
0.03 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21224, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,761 (100%) |
| Owner Occupied HU | 11,693 (45.4%) |
| Renter Occupied HU | 11,336 (44.0%) |
| Vacant Housing Units | 2,732 (10.6%) |
| Median Home Value | $309,162 |
| Average Home Value | $337,987 |
Housing Distribution
Address Breakdown
Residential
24,417
Single Family
22,031
Multi-Family
2,386
Businesses
2,177
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