839 Harlem AveBaltimoreMD21201
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 839 Harlem Ave, Baltimore, MD, 21201 in Baltimore hard to pass up. The 14.78% gross yield on a $274,900 purchase results in $3,386/mo in rent and $1,677/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.74). Annual cash flow of $20,120, five-year appreciation of $75,950, and $2,532/yr in equity build-up combine for a projected total cumulative return of $212,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.8% | 4.8% |
| Monthly Cash Flow | $1,677 | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,386 |
| Total Monthly Debt Service | $1,600 |
| DSCR Ratio | 2.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21201, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,644 (100%) |
| Owner Occupied HU | 918 ( 6.7%) |
| Renter Occupied HU | 10,274 (75.3%) |
| Vacant Housing Units | 2,452 (18.0%) |
| Median Home Value | $295,438 |
| Average Home Value | $342,100 |
Housing Distribution
Address Breakdown
Residential
12,952
Single Family
3,354
Multi-Family
9,598
Businesses
2,031
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
Townhouse
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21201, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,644 (100%) |
| Owner Occupied HU | 918 ( 6.7%) |
| Renter Occupied HU | 10,274 (75.3%) |
| Vacant Housing Units | 2,452 (18.0%) |
| Median Home Value | $295,438 |
| Average Home Value | $342,100 |
Housing Distribution
Address Breakdown
Residential
12,952
Single Family
3,354
Multi-Family
9,598
Businesses
2,031
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices