6140 Radecke AveBaltimoreMD21206
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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 6140 Radecke Ave, Baltimore, MD, 21206 uses $79,229 cash to close to unlock $1,948/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $1,649/mo, and a $1,170/mo payment keeps the spread at $162/mo. Purchase price stands at $239,000, and rental yield measures 8.28% with $1,649/mo rent. Return on cash invested shows 22.37% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 116.09% and total cumulative return in cash records $91,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,649/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Townhouse
Built in 1966
5,590 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21206, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,951 (100%) |
| Owner Occupied HU | 11,208 (53.5%) |
| Renter Occupied HU | 8,047 (38.4%) |
| Vacant Housing Units | 1,696 ( 8.1%) |
| Median Home Value | $241,785 |
| Average Home Value | $281,925 |
Housing Distribution
Address Breakdown
Residential
20,274
Single Family
15,258
Multi-Family
5,016
Businesses
715
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