813 S Luzerne AveBaltimoreMD21224
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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 813 S Luzerne Ave, Baltimore, MD, 21224 at $199,950 posts ROI 24.56% with $257/mo cash flow from $1,501/mo rent. Total monthly income equals $1,501/mo, and annual cash flow records $3,085/yr on $66,283 to close. Return on cash invested measures 24.56% and rental yield reads 9.01% at the current $199,950. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,243 by year five. Five-year ROI prints 127.91% and total cumulative return in cash totals $84,784.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,501/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1920
882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21224, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,761 (100%) |
| Owner Occupied HU | 11,693 (45.4%) |
| Renter Occupied HU | 11,336 (44.0%) |
| Vacant Housing Units | 2,732 (10.6%) |
| Median Home Value | $309,162 |
| Average Home Value | $337,987 |
Housing Distribution
Address Breakdown
Residential
24,417
Single Family
22,031
Multi-Family
2,386
Businesses
2,177
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