618 Wilson AveBaltimoreMD21224
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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 618 Wilson Ave, Baltimore, MD, 21224 priced at $299,900 converts $2,352/mo rent into $487/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,352/mo, and annual cash flow totals $5,840/yr on $99,417 invested. Return on cash invested prints 25.78% in year one, and rental yield reads 9.41% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 134.4% and total cumulative return in cash sums $133,612. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,352/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1953
6,250 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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