6350 Red Cedar Pl UNIT 211BaltimoreMD21209
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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 6350 Red Cedar Pl UNIT 211, Baltimore, MD, 21209 earns $159/mo cash flow from $780/mo rent with a $489/mo payment. Total monthly income totals $780/mo, and annual cash flow totals $1,902/yr on $33,150 capital. ROI tracks 25.65% on current figures, and rental yield reads 9.36% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 133.73% and total cumulative return in cash sums $44,332. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $780/mo property income instead of your personal income.
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
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