1412 W Old Cold Spring Ln, Baltimore, MD, 21209 | $682/mo Cash Flow

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1412 W Old Cold Spring Ln, Baltimore, MD, 21209 | $682/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 1412 W Old Cold Spring Ln, Baltimore, MD, 21209 offers a 10.02% rental yield on a $320,000 purchase with $2,672/mo rent. Total monthly income registers $2,672/mo, and a $1,566/mo payment leaves $682/mo available for distribution. Annual cash flow reaches $8,184/yr on $106,080 to close, and return on cash invested stands at 27.62% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 144.23% and total cumulative return in cash at $153,003. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,672/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1925

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1412 W Old Cold Spring Ln beautifully updated and perfectly located in the heart of Medfield! This stunning, move-in-ready home blends classic Baltimore charm with thoughtful modern updates throughout. Major improvements include a roof recoating and new basement windows (2023), washer and dryer (2021), and a full kitchen remodel (2019). Over the past decade, the owners have painted every room, replaced all gutters and downspouts, installed new windows throughout (2017 - kitchen window is not new), updated and upgraded the electric service panel, fully renovated the basement living area and bathroom, and fully remodeled the upstairs bathroom. Additional highlights include new deck joists and flooring, a replaced garage door, under-cabinet kitchen lighting, updated pendant and ceiling fans, and a refinished front door with a custom-painted glass transom. Every detail has been meticulously cared for, offering peace of mind and timeless appeal. Nestled between Medfield and Hampden, this location offers the best of Baltimore living. Originally developed in the early 20th century, Medfield is known for its tree-lined streets and proximity to the vibrant shops and restaurants of The Avenue in Hampdenjust minutes away. Enjoy walkable access to Moms Organic Market, The Food Market, Blue Pit BBQ, Artifact Coffee, and Union Craft Brewing. For outdoor lovers, Medfield Heights Park and Stony Run Park are both within walking distance, offering green space, playgrounds, and trails. Rosevelt and Wyman park are just over a mile away as well. Commuters will love the convenient access to 83, making downtown Baltimore and Towson a short drive away. The Woodberry Light Rail station is nearby for an easy trip into the city, while BWI Airport is approximately 25 minutes away. With its long list of upgrades, unbeatable walkability, and rich neighborhood character, 1412 W Old Cold Spring Ln is a rare find in one of Baltimores most beloved communities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21209, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,417 (100%)
Owner Occupied HU	7,046 (56.7%)
Renter Occupied HU	4,736 (38.1%)
Vacant Housing Units	635 ( 5.1%)
Median Home Value	$517,404
Average Home Value	$548,957