823 Newington AveBaltimoreMD21217
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 823 Newington Ave, Baltimore, MD, 21217 with 5% annual appreciation on a $519,000 basis while $3,133/mo rent supports operations. 39% in year one. Equity gained on principal adds $3,349/yr, and five-year appreciation sums $143,390 alongside rental yield of 7.24%. Five-year ROI measures 100.11% and total cumulative return in cash totals $170,937. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,133/mo property income versus a $2,540/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21217, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,293 (100%) |
| Owner Occupied HU | 4,471 (24.4%) |
| Renter Occupied HU | 9,610 (52.5%) |
| Vacant Housing Units | 4,212 (23.0%) |
| Median Home Value | $283,175 |
| Average Home Value | $302,895 |
Housing Distribution
Address Breakdown
Residential
13,877
Single Family
8,987
Multi-Family
4,890
Businesses
677
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices