709 E 21st StBaltimoreMD21218
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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 709 E 21st St, Baltimore, MD, 21218 offers a 8.07% rental yield on a $330,000 purchase with $2,218/mo rent. Total monthly income registers $2,218/mo, and a $1,615/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,989/yr on $109,395 to close, and return on cash invested stands at 21.73% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 112.63% and total cumulative return in cash at $123,215. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,218/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1920
1,335 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21218, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,455 (100%) |
| Owner Occupied HU | 8,607 (38.3%) |
| Renter Occupied HU | 10,655 (47.5%) |
| Vacant Housing Units | 3,193 (14.2%) |
| Median Home Value | $257,917 |
| Average Home Value | $319,896 |
Housing Distribution
Address Breakdown
Residential
20,798
Single Family
14,041
Multi-Family
6,757
Businesses
1,365
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