1134 Myrtle Ave, Baltimore, MD, 21201 | $288/mo Cash Flow

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1134 Myrtle Ave, Baltimore, MD, 21201 | $288/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 1134 Myrtle Ave, Baltimore, MD, 21201 offers a 9.23% rental yield on a $195,000 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $954/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,451/yr on $64,643 to close, and return on cash invested stands at 25.25% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 131.52% and total cumulative return in cash at $85,018. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1915

1,040 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 3-bedroom, 1.5-bath town home offering a perfect blend of elegance and vibrancy. This beautifully updated residence features new flooring, modern appliances, and refreshed bathrooms throughout. The main level welcomes you with a bright living area filled with natural lightideal as a formal sitting room or cozy lounge space. The open dining area flows seamlessly into the kitchen, creating an inviting layout for everyday living and entertaining. Upstairs, each bedroom offers generous space and comfort. The basement, with poured concrete floors, provides excellent storage or the potential to finish for additional living space. Enjoy the convenience of a private one-car parking pad with easy access. Ideally located near MLK Blvd and Route 40, this home combines comfort, updates, and unbeatable convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21201, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,644 (100%)
Owner Occupied HU	918 ( 6.7%)
Renter Occupied HU	10,274 (75.3%)
Vacant Housing Units	2,452 (18.0%)
Median Home Value	$295,438
Average Home Value	$342,100