960 Fell St UNIT 504BaltimoreMD21231
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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 960 Fell St UNIT 504, Baltimore, MD, 21231 earns $299/mo cash flow from $2,258/mo rent with a $1,542/mo payment. Total monthly income totals $2,258/mo, and annual cash flow totals $3,583/yr on $104,423 capital. ROI tracks 23.34% on current figures, and rental yield reads 8.6% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 121.29% and total cumulative return in cash sums $126,653. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,258/mo property income instead of your personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21231, Baltimore, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,802 (100%) |
| Owner Occupied HU | 2,844 (26.3%) |
| Renter Occupied HU | 6,204 (57.4%) |
| Vacant Housing Units | 1,754 (16.2%) |
| Median Home Value | $376,073 |
| Average Home Value | $431,165 |
Housing Distribution
Address Breakdown
Residential
8,949
Single Family
5,768
Multi-Family
3,181
Businesses
806
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