723 S Charles St UNIT LL2BaltimoreMD21230
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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 723 S Charles St UNIT LL2, Baltimore, MD, 21230 with 5% annual appreciation on a $130,700 basis while $2,029/mo rent supports operations. Total monthly income totals $2,029/mo and a $640/mo payment preserves $893/mo for cash returns. Annual cash flow comes to $10,718/yr on $43,327 deployed, and return on cash invested reaches 44.65% in year one. Equity gained on principal adds $843/yr, and five-year appreciation sums $36,110 alongside rental yield of 18.63%. Five-year ROI measures 238.9% and total cumulative return in cash totals $103,507.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,029/mo property income versus a $640/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in N/A
684 sqft lot
$N/A/sqft
$224 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21230, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,297 (100%) |
| Owner Occupied HU | 8,217 (40.5%) |
| Renter Occupied HU | 9,114 (44.9%) |
| Vacant Housing Units | 2,966 (14.6%) |
| Median Home Value | $366,297 |
| Average Home Value | $389,487 |
Housing Distribution
Address Breakdown
Residential
18,842
Single Family
14,501
Multi-Family
4,341
Businesses
1,495
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