908 Wildwood PkwyBaltimoreMD21229
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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 908 Wildwood Pkwy, Baltimore, MD, 21229 uses $74,389 cash to close to unlock $10,306/yr annual cash flow and $859/mo monthly cash flow. Total monthly income runs $2,308/mo, and a $1,098/mo payment keeps the spread at $859/mo. Purchase price stands at $224,400, and rental yield measures 12.34% with $2,308/mo rent. Return on cash invested shows 33.76% in year one, and 5% annual appreciation builds toward $61,998 over five years. Five-year ROI reaches 177.48% and total cumulative return in cash records $132,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,308/mo property income covering a $1,098/mo payment rather than investor’s personal income.
Single Family
Built in 1949
1,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21229, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,053 (100%) |
| Owner Occupied HU | 9,761 (48.7%) |
| Renter Occupied HU | 8,137 (40.6%) |
| Vacant Housing Units | 2,155 (10.7%) |
| Median Home Value | $220,250 |
| Average Home Value | $247,792 |
Housing Distribution
Address Breakdown
Residential
18,511
Single Family
15,601
Multi-Family
2,910
Businesses
622
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