624 S Milton AveBaltimoreMD21224
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 624 S Milton Ave, Baltimore, MD, 21224 generates $1,664/mo in rent and, after a $1,211/mo payment, leaves $125/mo in cash flow. Total monthly income is $1,664/mo, and annual cash flow is $1,501/yr on $82,046 invested. Return on cash invested sits at 21.74% in year one, and rental yield is 8.07% on a $247,500 entry. Equity gained on principal adds $1,597/yr, while 5% annual appreciation builds toward $68,380 over five years. Five-year ROI reaches 112.74% and total cumulative return in cash sums $92,501. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,664/mo property income rather than buyer’s personal income.
Townhouse
Built in 1860
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices