6701 Park Heights Ave UNIT 1E, Baltimore, MD, 21215 | $572/mo Cash Flow

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6701 Park Heights Ave UNIT 1E, Baltimore, MD, 21215 | $572/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Baltimore at 6701 Park Heights Ave UNIT 1E, Baltimore, MD, 21215 generates $2,749/mo in rent and, after a $1,713/mo payment, leaves $572/mo in cash flow. Total monthly income is $2,749/mo, and annual cash flow is $6,869/yr on $115,992 invested. Return on cash invested sits at 25.83% in year one, and rental yield is 9.43% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 134.66% and total cumulative return in cash sums $156,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,749/mo property income rather than buyer’s personal income.

Condo

Built in 1923

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated & meticulously maintained 3 bedroom 2.5 bath condo with almost 2500 sf of finished living space all on one level in the highly sought after Arlington Park Condominium. Features include elegant foyer with an abundance of closet space, rich hardwood floors throughout the endless hallway, formal dining room, living room, and large den/study with built-in bookcases & desk. Spacious & gorgeous Kosher eat-in kitchen w/ 2 separate sinks, stainless appliances including double dishwasher, gas range, otr microwave and full size refrigerator. Living room also features a flu-less gas fireplace. Oversized primary bedroom includes sitting area, walk-out screened-in porch, en-suite bath and walk-in-closet. Generously sized 2nd bedroom is situated next to the 2nd full bathroom, and the 3rd bedroom has a powder room and laundry attached along with its own privateentrance. This is a must see! Schedule your private tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21215, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	25,693 (100%)
Owner Occupied HU	10,748 (41.8%)
Renter Occupied HU	11,355 (44.2%)
Vacant Housing Units	3,590 (14.0%)
Median Home Value	$232,847
Average Home Value	$277,818