1408 Olmstead St, Baltimore, MD, 21226 | $483/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1408 Olmstead St, Baltimore, MD, 21226 | $483/mo Cash Flow | Ziffy

For Sale

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
924 sft

914 Andrews Rd, Glen Burnie, MD, 21060

3 Bed
1 Bath
1200 sft

5307 Upshur St, Bladensburg, MD, 20710

3 Bed
3 Bath
1160 sft

1806 Graybird Ct, Severn, MD, 21144

1 Bed
1 Bath
728 sft

6003 Majors Ln APT 7, Columbia, MD, 21045

Nearby investment properties with comparable prices

2 Bed
1 Bath
800 sft

6603 Rapid Water Way UNIT 203, Glen Burnie, MD, 21060

3 Bed
2 Bath
920 sft

5208 Wasena Ave, Baltimore, MD, 21225

2 Bed
2 Bath
953 sft

9635 Whiteacre Rd UNIT C2, Columbia, MD, 21045

2 Bed
2 Bath
1163 sft

11210 Cherry Hill Rd #111, Beltsville, MD, 20705

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Baltimore at 1408 Olmstead St, Baltimore, MD, 21226 generates $1,820/mo in rent and, after a $1,052/mo payment, leaves $483/mo in cash flow. Total monthly income is $1,820/mo, and annual cash flow is $5,799/yr on $71,239 invested. Return on cash invested sits at 28.05% in year one, and rental yield is 10.16% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 146.59% and total cumulative return in cash sums $104,430. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,820/mo property income rather than buyer’s personal income.

Townhouse

Built in 1996

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this wonderful 3-bedroom,, 1.5-bath end-of-group townhome, offering rare privacy and one of the largest yards youll find in a townhome setting. The expansive outdoor space is fully enclosed with a privacy fence and features a freshly painted deckperfect for gatherings, cookouts, or simply enjoying quiet evenings outdoors. As an end unit, the home is filled with natural light and offers additional outdoor space that sets it apart. Inside, the main level offers a comfortable and inviting layout, ideal for both everyday living and entertaining. Upstairs, youll find three well-appointed bedrooms, including a generous bedroom with soaking tub and access from the primary bedroom as well as the hall. The finished lower level provides even more living space, ideal for a family room, home office, playroom, or home gym. With a walk-up basement, the lower level offers flexible possibilities for future customization. This home is packed with valuable upgrades, including a 2-year-old roof and solar panels that help reduce utility costs. Enjoy the comfort and efficiency of gas heat, water heater and gas cooking, a sought-after feature for many homeowners. Best of all, this property comes with no HOA, giving you freedom in how you use and enjoy your home. Conveniently located to major commuter routes, this townhome offers the perfect blend of space, privacy, and accessibility.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21226, Curtis Bay, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,032 (100%)
Owner Occupied HU	1,671 (55.1%)
Renter Occupied HU	974 (32.1%)
Vacant Housing Units	387 (12.8%)
Median Home Value	$389,037
Average Home Value	$477,476