1702 Wilson Point Rd, Baltimore, MD, 21220 | 7.17% Rental Yield

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1702 Wilson Point Rd, Baltimore, MD, 21220 | 7.17% Rental Yield | Ziffy

For Sale

Fix & Flip

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 1702 Wilson Point Rd, Baltimore, MD, 21220 offers a 7.17% rental yield on a $500,000 purchase with $2,988/mo rent. 03% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 98.18% and total cumulative return in cash at $162,728. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,988/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1976

0.47 Acres lot

$N/A/sqft

No HOA

More details about the property

This waterfront property on Wilson Point includes two lots totaling approximately 0.47 acres, with an estimated 83 feet of waterfrontage and a 100-foot pier equipped with a boat lift. One structure is approximately 530 square feet and features one bedroom, one bathroom, a kitchen, and a living area. The second structure features an efficiency-style layout with a kitchen, bathroom, laundry, and living/sleeping area. A one-car garage with electric offers additional storage for water sports equipment or seasonal use. Properties are on public water and sewer. Access to the property is via a driveway easement. Annual boat parade and seasonal fireworks on Middle River may be viewable from the site. TaxID#: 1515810140 and 1507001290. Property is being sold as-is.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21220, Middle River, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,638 (100%)
Owner Occupied HU	11,529 (61.9%)
Renter Occupied HU	5,869 (31.5%)
Vacant Housing Units	1,240 ( 6.7%)
Median Home Value	$340,792
Average Home Value	$401,193