705 E Lake 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
Investment property for sale in Baltimore at 705 E Lake Ave, Baltimore, MD, 21212 earns $915/mo cash flow from $2,887/mo rent with a $1,552/mo payment. Total monthly income totals $2,887/mo, and annual cash flow totals $10,980/yr on $105,086 capital. ROI tracks 30.36% on current figures, and rental yield reads 10.93% at a $317,000 purchase. Equity gained on principal adds $2,046/yr, and 5% annual appreciation supports $87,581 over five years. Five-year ROI reaches 158.91% and total cumulative return in cash sums $166,989. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,887/mo property income instead of your personal income.
Townhouse
Built in 1930
1,306 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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