700 Richwood AveBaltimoreMD21212
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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 Baltimore at 700 Richwood Ave, Baltimore, MD, 21212 priced at $199,900 converts $1,589/mo rent into $346/mo cash flow after a $978/mo obligation. Total monthly income equals $1,589/mo, and annual cash flow totals $4,154/yr on $66,267 invested. Return on cash invested prints 26.18% in year one, and rental yield reads 9.54% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 136.56% and total cumulative return in cash sums $90,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,589/mo property income covering a $978/mo payment, not borrower’s personal income.
Townhouse
Built in 1925
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21212, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,393 (100%) |
| Owner Occupied HU | 8,572 (59.6%) |
| Renter Occupied HU | 4,608 (32.0%) |
| Vacant Housing Units | 1,213 ( 8.4%) |
| Median Home Value | $381,989 |
| Average Home Value | $467,085 |
Housing Distribution
Address Breakdown
Residential
13,017
Single Family
10,923
Multi-Family
2,094
Businesses
567
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