7 Slade Ave APT 718PikesvilleMD21208
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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 Pikesville at 7 Slade Ave APT 718, Pikesville, MD, 21208 generates $1,502/mo in rent and, after a $974/mo payment, leaves $264/mo in cash flow. Total monthly income is $1,502/mo, and annual cash flow is $3,172/yr on $65,969 invested. Return on cash invested sits at 24.72% in year one, and rental yield is 9.06% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 128.72% and total cumulative return in cash sums $84,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,502/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21208, Pikesville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,586 (100%) |
| Owner Occupied HU | 9,913 (63.6%) |
| Renter Occupied HU | 4,583 (29.4%) |
| Vacant Housing Units | 1,090 ( 7.0%) |
| Median Home Value | $386,745 |
| Average Home Value | $493,443 |
Housing Distribution
Address Breakdown
Residential
15,324
Single Family
10,265
Multi-Family
5,059
Businesses
1,118
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Listed by: Jocelyn Batlas • Samson Properties
Mls Name: Bright MLS
Mls ID: #MDBC2147306