1216 W 37th St, Baltimore, MD, 21211 | $579/mo Cash Flow

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1216 W 37th St, Baltimore, MD, 21211 | $579/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 1216 W 37th St, Baltimore, MD, 21211 listed at $339,900 pairs $2,693/mo rent with a $1,664/mo payment to leave $579/mo cash flow. Total monthly income runs $2,693/mo, and annual cash flow reaches $6,944/yr on $112,677 cash to close. Return on cash invested measures 26.07% in year one, and rental yield registers 9.51% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 135.93% and total cumulative return in cash totals $153,167. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,693/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1927

1,260 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1216 W 37th Street. A beautifully updated 3BR, 1.5BA brick townhome just one block from The Avenue in Hampden. This home blends classic Baltimore charm with modern updates, featuring refinished inlaid hardwoods, high ceilings, and an open main level filled with natural light. The renovated kitchen (2017) offers GE Profile appliances, a double oven, concrete counters, recessed lighting, and exposed pine floors. Upstairs, the updated bath (2020) has subway tile and chrome finishes. The partially finished walkout basement serves as a media room and gym. Major updates include triple pane krypton windows, a brand new hot water heater (2025), copper plumbing, new water and gas lines, and a newer roof (2018). Outdoor spaces include a covered porch, deck, and fully fenced front and back yards, perfect for pets or entertaining. Just steps from local favorites like Papis Tacos, Blue Pit BBQ, Nepenthe, The Wine Source, and Starbucks, plus nearby Druid Hill Park, Roosevelt Park, Wyman Park, and The Rotunda. Easy access to the light rail makes commuting to downtown, Camden Yards, or BWI a breeze.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21211, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,433 (100%)
Owner Occupied HU	4,555 (48.3%)
Renter Occupied HU	4,025 (42.7%)
Vacant Housing Units	853 ( 9.0%)
Median Home Value	$321,419
Average Home Value	$342,025