700 Washington Pl UNIT 3BBaltimoreMD21201
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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 700 Washington Pl UNIT 3B, Baltimore, MD, 21201 listed at $660,000 pairs $2,338/mo rent with a $3,230/mo payment. Total monthly income runs $2,338/mo. Return on cash invested measures 10.3% in year one, and rental yield registers 4.25% at a $660,000 basis. Equity gained on principal adds $4,259/yr, and annual property appreciation at 5% supports $182,346 by year five. Five-year ROI tracks 51.32% and total cumulative return in cash totals $111,429. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,338/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1906
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21201, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,644 (100%) |
| Owner Occupied HU | 918 ( 6.7%) |
| Renter Occupied HU | 10,274 (75.3%) |
| Vacant Housing Units | 2,452 (18.0%) |
| Median Home Value | $295,438 |
| Average Home Value | $342,100 |
Housing Distribution
Address Breakdown
Residential
12,952
Single Family
3,354
Multi-Family
9,598
Businesses
2,031
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