1605 E 32nd St, Baltimore, MD, 21218 | $371/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1605 E 32nd St, Baltimore, MD, 21218 | $371/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 1605 E 32nd St, Baltimore, MD, 21218 listed at $265,000 pairs $2,019/mo rent with a $1,297/mo payment to leave $371/mo cash flow. Total monthly income runs $2,019/mo, and annual cash flow reaches $4,450/yr on $87,848 cash to close. Return on cash invested measures 24.98% in year one, and rental yield registers 9.14% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 130.06% and total cumulative return in cash totals $114,255. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,019/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1924

2,000 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled just a short walk from Lake Montebello and Clifton Park Golf Course, this inviting three-bedroom, two-bath home combines classic character with contemporary updates. Step into the welcoming open foyer, leading seamlessly into a spacious living and dining area designed for both comfort and entertaining. The open concept layout offers plenty of natural light and an easy flow throughout the main floor. The well-appointed kitchen extends into a versatile bonus room at the rear of the home. This space may serve as a sunny breakfast nook or a relaxing sunroom, providing flexibility for everyday living. Downstairs, the fully finished lower level includes a full bathroom, adding convenience and additional living space for guests, entertaining, or recreation. Bring your ideas and creativity to make this residence your own. With its blend of original charm and modern amenities, this home offers a perfect canvas for your vision.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21218, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,455 (100%)
Owner Occupied HU	8,607 (38.3%)
Renter Occupied HU	10,655 (47.5%)
Vacant Housing Units	3,193 (14.2%)
Median Home Value	$257,917
Average Home Value	$319,896