7111 Park Heights Ave UNIT 305BaltimoreMD21215
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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 7111 Park Heights Ave UNIT 305, Baltimore, MD, 21215 offers a 9.02% rental yield on a $150,000 purchase with $1,128/mo rent. Total monthly income registers $1,128/mo, and a $734/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,343/yr on $49,725 to close, and return on cash invested stands at 24.62% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 128.2% and total cumulative return in cash at $63,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,128/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21215, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,693 (100%) |
| Owner Occupied HU | 10,748 (41.8%) |
| Renter Occupied HU | 11,355 (44.2%) |
| Vacant Housing Units | 3,590 (14.0%) |
| Median Home Value | $232,847 |
| Average Home Value | $277,818 |
Housing Distribution
Address Breakdown
Residential
23,351
Single Family
16,062
Multi-Family
7,289
Businesses
1,556
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