730 S Hanover St UNIT C, Baltimore, MD, 21230 | $778/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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730 S Hanover St UNIT C, Baltimore, MD, 21230 | $778/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Baltimore at 730 S Hanover St UNIT C, Baltimore, MD, 21230 offers $2,146/mo rent that, after a $1,077/mo payment, leaves $778/mo cash flow. Total monthly income is $2,146/mo, and annual cash flow is $9,330/yr on $72,930 cash. Return on cash invested measures 32.7% in year one, and rental yield stands at 11.71% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 171.52% and total cumulative return in cash reaches $125,087. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,146/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Apartment

Built in 1900

N/A lot

$N/A/sqft

No HOA

More details about the property

Nicely Updated Roomy 2nd Floor End Unit with Lots of Windows and Natural Light. Open Floor Plan. Newly Installed Luxury Vinyl Wide Plank Flooring Throughout; Freshly Painted. Nice Kitchen with Nice Appliances and Newly Installed Granite Countertops. Very Roomy Bedroom with Appointed Closet and Mirror Doors plus Roomy Den/Office with access to Deck. Close to all the amenities of Downtown yet location is relatively quiet. Welcome to your new home! Units A, B, C & E could be sold together.

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