7311 Harford RdBaltimoreMD21234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7311 Harford Rd, Baltimore, MD, 21234 offers a 8.35% rental yield on a $224,900 purchase with $1,565/mo rent. Total monthly income registers $1,565/mo, and a $1,101/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,992/yr on $74,554 to close, and return on cash invested stands at 22.58% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 117.27% and total cumulative return in cash at $87,433. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,565/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1939
2,046 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21234, Parkville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,267 (100%) |
| Owner Occupied HU | 17,586 (60.1%) |
| Renter Occupied HU | 10,161 (34.7%) |
| Vacant Housing Units | 1,520 ( 5.2%) |
| Median Home Value | $323,568 |
| Average Home Value | $380,201 |
Housing Distribution
Address Breakdown
Residential
28,929
Single Family
22,699
Multi-Family
6,230
Businesses
1,135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices