974 Martin RdBaltimoreMD21221
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Baltimore rental at 974 Martin Rd, Baltimore, MD, 21221 sits in the solid-income band: 8.43% gross yield, $2,249/mo rent, $259/mo net after the $1,439/mo debt service, DSCR 1.56. Entry price of $319,990 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $88,407 and $2,947/yr in principal reduction bring total cumulative return to $138,088.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.8% |
| Monthly Cash Flow | $259 | $850 |
City averages based on Baltimore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,249 |
| Total Monthly Debt Service | $1,863 |
| DSCR Ratio | 1.21x |
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.
Single Family
Built in 1949
6,897 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21221, Essex, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,932 (100%) |
| Owner Occupied HU | 10,323 (54.5%) |
| Renter Occupied HU | 7,425 (39.2%) |
| Vacant Housing Units | 1,184 ( 6.3%) |
| Median Home Value | $342,296 |
| Average Home Value | $396,170 |
Housing Distribution
Address Breakdown
Residential
18,374
Single Family
13,680
Multi-Family
4,694
Businesses
868
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
Single Family
Built in 1949
6,897 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21221, Essex, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,932 (100%) |
| Owner Occupied HU | 10,323 (54.5%) |
| Renter Occupied HU | 7,425 (39.2%) |
| Vacant Housing Units | 1,184 ( 6.3%) |
| Median Home Value | $342,296 |
| Average Home Value | $396,170 |
Housing Distribution
Address Breakdown
Residential
18,374
Single Family
13,680
Multi-Family
4,694
Businesses
868
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices