815 Richwood AveBaltimoreMD21212
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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 815 Richwood Ave, Baltimore, MD, 21212 listed at $205,900 pairs $1,944/mo rent with a $1,008/mo payment to leave $663/mo cash flow. Total monthly income runs $1,944/mo, and annual cash flow reaches $7,958/yr on $68,256 cash to close. Return on cash invested measures 31.57% in year one, and rental yield registers 11.33% at a $205,900 basis. Equity gained on principal adds $1,329/yr, and annual property appreciation at 5% supports $56,886 by year five. Five-year ROI tracks 165.45% and total cumulative return in cash totals $112,932. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,944/mo property income relative to a $1,008/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1940
1,306 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21212, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,393 (100%) |
| Owner Occupied HU | 8,572 (59.6%) |
| Renter Occupied HU | 4,608 (32.0%) |
| Vacant Housing Units | 1,213 ( 8.4%) |
| Median Home Value | $381,989 |
| Average Home Value | $467,085 |
Housing Distribution
Address Breakdown
Residential
13,017
Single Family
10,923
Multi-Family
2,094
Businesses
567
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