6350 Red Cedar Pl UNIT 210BaltimoreMD21209
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
Investment property for sale in Baltimore at 6350 Red Cedar Pl UNIT 210, Baltimore, MD, 21209 offers a 9.98% rental yield on a $259,900 purchase with $2,162/mo rent. Total monthly income registers $2,162/mo, and a $1,272/mo payment leaves $546/mo available for distribution. Annual cash flow reaches $6,548/yr on $86,157 to close, and return on cash invested stands at 27.51% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 143.65% and total cumulative return in cash at $123,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,162/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21209, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,417 (100%) |
| Owner Occupied HU | 7,046 (56.7%) |
| Renter Occupied HU | 4,736 (38.1%) |
| Vacant Housing Units | 635 ( 5.1%) |
| Median Home Value | $517,404 |
| Average Home Value | $548,957 |
Housing Distribution
Address Breakdown
Residential
12,268
Single Family
6,574
Multi-Family
5,694
Businesses
608
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices