1619 N Fulton Ave #N, Baltimore, MD, 21217 | $166/mo Cash Flow

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Price: $300K - 500K

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1619 N Fulton Ave #N, Baltimore, MD, 21217 | $166/mo Cash Flow | Ziffy

For Sale

Currently Rented

Rental Income

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 1619 N Fulton Ave #N, Baltimore, MD, 21217 uses $41,438 cash to close to unlock $1,997/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $944/mo, and a $612/mo payment keeps the spread at $166/mo. Purchase price stands at $125,000, and rental yield measures 9.06% with $944/mo rent. Return on cash invested shows 24.73% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 128.79% and total cumulative return in cash records $53,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $944/mo property income covering a $612/mo payment rather than investor’s personal income.

Townhouse

Built in 1920

N/A lot

$N/A/sqft

No HOA

More details about the property

INVESTOR ALERT! SELLER FINANCING at 5.8% for turnkey rental. Was completely rehabbed within the past 18 months (copies of permits available). Hookups for washer/dryer. Good tenant paying market rent of $1550/month already in place and wishes to stay. Vacant property next door, but tenant is OK with that Seller Financing Details: Purchase price $125,000. 10% down payment ($12,500)+one point ($1,250). 30-Year amortizing loan of $112,500 at 5.8%. Full Balloon in 5 years--optional extensions for additional fee. Taxes and insurance escrowed. Estimated funds needed to close will be $18,500 (includes $12,500 down payment+3 months of escrow+closing costs). Estimated total monthly payment (PITI) is $995 to $1025. DO NOT CONTACT TENANT!. Taxes 20252026= $857.46

Neighborhood Data

Neighborhood data shown for ZIP Code: 21217, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,293 (100%)
Owner Occupied HU	4,471 (24.4%)
Renter Occupied HU	9,610 (52.5%)
Vacant Housing Units	4,212 (23.0%)
Median Home Value	$283,175
Average Home Value	$302,895