1016 Kevin Rd, Baltimore, MD, 21229 | $782/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1016 Kevin Rd, Baltimore, MD, 21229 | $782/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Baltimore at 1016 Kevin Rd, Baltimore, MD, 21229 priced at $259,900 converts $2,398/mo rent into $782/mo cash flow after a $1,272/mo obligation. Total monthly income equals $2,398/mo, and annual cash flow totals $9,380/yr on $86,157 invested. Return on cash invested prints 30.8% in year one, and rental yield reads 11.07% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 161.29% and total cumulative return in cash sums $138,958. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,398/mo property income covering a $1,272/mo payment, not borrower’s personal income.

Townhouse

Built in 1952

1,742 sqft lot

$N/A/sqft

No HOA

More details about the property

*** OPEN HOUSE Saturday, Dec 13th 11AM to 1PM *** BRAND NEW Roof, NEW Water Heater, NEW Flooring, NEW Appliances, FULLY Renovated. Welcome to 1016 Kevin Rd, a beautifully updated 3-bedroom, 2-bath home with 2 ADDITIONAL FLEX ROOMS that can be used as recreation rooms or dens. One of these additional rooms has an attached bathroom. These extra spaces are ideal for an office, playroom, TV room, or home theater. This home has been fully renovated with all-new systems and finishes, including a new roof, new centralized heating and cooling (HVAC), new water heater, new waterproof vinyl flooring, and all new appliances. The kitchen is completely updated with granite countertops on the island and counters, brand-new appliances, and modern cabinets. Both bathrooms are fully renovated with clean and stylish finishes. This is a move-in ready home from top to bottom, located in the desirable Rognel Heights neighborhood with easy access to local amenities. Schedule your showing today dont miss this turnkey, fully renovated home!

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