1023 N Fulton Ave, Baltimore, MD, 21217 | $360/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1023 N Fulton Ave, Baltimore, MD, 21217 | $360/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

Investment property for sale in Baltimore at 1023 N Fulton Ave, Baltimore, MD, 21217 with 5% annual appreciation on a $195,000 basis while $1,572/mo rent supports operations. Total monthly income totals $1,572/mo and a $954/mo payment preserves $360/mo for cash returns. Annual cash flow comes to $4,315/yr on $64,643 deployed, and return on cash invested reaches 26.58% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 9.67%. Five-year ROI measures 138.7% and total cumulative return in cash totals $89,662.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,572/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Townhouse

Built in 1958

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

This charming 4-bedroom, 2-bathroom townhouse, renovated and set for new home owner, offers a perfect blend of classic style and modern comfort. The inviting interior features a traditional floor plan with cozy carpeting and luxury vinyl tile, creating a warm atmosphere throughout. The galley kitchen is equipped with a six-burner stove, built-in microwave, and refrigerator, making it a delightful space for culinary adventures. Enjoy meals in the formal dining room or relax in the spacious living areas, complete with ceiling fans for added comfort. Step outside to discover a lovely patio, ideal for morning coffee or evening gatherings. The property is surrounded by sidewalks and street lights, enhancing the neighborhood's charm and safety. With a full unfinished basement, there's ample opportunity for customization to suit your needs. Located just minutes from public transportation options, including a bus stop less than a mile away and a metro station within three miles, commuting is a breeze. Local schools are well-regarded, providing excellent educational opportunities. This home is not just a place to live; it's a gateway to a vibrant community filled with amenities and conveniences that enhance everyday life. Experience the comfort and warmth of this inviting residence, where every detail is designed to make you feel at home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21217, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,293 (100%)
Owner Occupied HU	4,471 (24.4%)
Renter Occupied HU	9,610 (52.5%)
Vacant Housing Units	4,212 (23.0%)
Median Home Value	$283,175
Average Home Value	$302,895