229 Gralan Rd, Baltimore, MD, 21228 | 6.92% Rental Yield

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229 Gralan Rd, Baltimore, MD, 21228 | 6.92% Rental Yield | 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 229 Gralan Rd, Baltimore, MD, 21228 listed at $579,900 pairs $3,342/mo rent with a $2,838/mo payment. Total monthly income runs $3,342/mo. Return on cash invested measures 18.4% in year one, and rental yield registers 6.92% at a $579,900 basis. Equity gained on principal adds $3,742/yr, and annual property appreciation at 5% supports $160,216 by year five. Five-year ROI tracks 94.74% and total cumulative return in cash totals $180,757. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,342/mo property income relative to a $2,838/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1952

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Professional photos to be uploaded this week! Welcome home to this beautifully maintained traditional brick front home, nestled on a picturesque and level half-acre lot in the sought-after Graham Place neighborhood of Catonsville. Surrounded by mature trees and a classic white picket fence, this property offers the perfect blend of timeless charm and modern convenience. Step inside to find a spacious and inviting layout featuring four bedrooms and one and a half bathrooms. The main level boasts a rare first-floor primary bedroomperfect for convenient main-level living if desired. The cozy living room is centered around a warm wood-burning fireplace, creating the perfect spot to unwind. The heart of the home is the expansive eat-in kitchen, complete with granite countertops, custom maple wood cabinetry, and direct access to the backyard patioideal for summer BBQs, al fresco dining, or simply enjoying the glow of fireflies on warm evenings. Upstairs, you'll find three oversized bedrooms and a stunning sunroom filled with natural light. This versatile space offers endless possibilities and could easily be converted into a luxurious second-floor primary bath. Key updates include: LVP flooring in sunroom and basement (2025), fresh paint throughout (2025), full main plumbing replacement (2024), EV charger & 50-amp exterior plug (2023), all new windows throughout (2022), refrigerator (2021), hot water heater (2017). There is a new playset for the backyard but it has not been installed yet. Please note that the original square footage is wrong; the addition added an extra above grade footprint. This home is everything you love about Catonsville walking distance to Westchester Elementary and Catonsville Middle Schools, Opies and Tasty Zone, the legendary Catonsville Fourth of July Parade, and the Trolley Trail #9, as well as a short drive to both downtown Catonsville and Historic Old Ellicott City! With plenty of room to grow, entertain, and relaxinside and outthis home offers a rare opportunity to enjoy classic Catonsville living with thoughtful modern upgrades. Come see why life is great in 21228, book your private showing today because this one isnt going to last long!!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21228, Catonsville, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,477 (100%)
Owner Occupied HU	13,999 (68.4%)
Renter Occupied HU	5,559 (27.1%)
Vacant Housing Units	919 ( 4.5%)
Median Home Value	$429,715
Average Home Value	$478,068