711 E Preston StBaltimoreMD21202
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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 711 E Preston St, Baltimore, MD, 21202 priced at $295,000 pairs $1,919/mo rent with $84/mo cash flow after a $1,444/mo payment. Total monthly income equals $1,919/mo, and annual cash flow comes to $1,009/yr on $97,793 invested. Return on cash invested is 20.94% in year one, and rental yield stands at 7.81% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 108.46% and total cumulative return in cash reaches $106,070. For financing, Ziffy Mortgage’s DSCR program evaluates $1,919/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1920
1,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21202, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,501 (100%) |
| Owner Occupied HU | 2,160 (14.9%) |
| Renter Occupied HU | 9,766 (67.3%) |
| Vacant Housing Units | 2,575 (17.8%) |
| Median Home Value | $333,514 |
| Average Home Value | $401,184 |
Housing Distribution
Address Breakdown
Residential
11,897
Single Family
3,818
Multi-Family
8,079
Businesses
1,992
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