8915 Grummore CirBaltimoreMD21208
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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 8915 Grummore Cir, Baltimore, MD, 21208 offers a 7.9% rental yield on a $699,990 purchase with $4,609/mo rent. Total monthly income registers $4,609/mo, and a $3,426/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,066/yr on $230,297 to close, and return on cash invested stands at 21.39% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,394 over five years. Portfolio math shows five-year ROI at 110.8% and total cumulative return in cash at $255,169. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,609/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21208, Pikesville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,586 (100%) |
| Owner Occupied HU | 9,913 (63.6%) |
| Renter Occupied HU | 4,583 (29.4%) |
| Vacant Housing Units | 1,090 ( 7.0%) |
| Median Home Value | $386,745 |
| Average Home Value | $493,443 |
Housing Distribution
Address Breakdown
Residential
15,324
Single Family
10,265
Multi-Family
5,059
Businesses
1,118
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