7602 Old Harford RdBaltimoreMD21234
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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 7602 Old Harford Rd, Baltimore, MD, 21234 generates $2,016/mo in rent and, after a $1,405/mo payment, leaves $231/mo in cash flow. Total monthly income is $2,016/mo, and annual cash flow is $2,769/yr on $95,141 invested. Return on cash invested sits at 22.82% in year one, and rental yield is 8.43% on a $287,000 entry. Equity gained on principal adds $1,852/yr, while 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 118.5% and total cumulative return in cash sums $112,738. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,016/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
5,400 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
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