2316 Erdman Ave, Baltimore, MD, 21213 | $203/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2316 Erdman Ave, Baltimore, MD, 21213 | $203/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 2316 Erdman Ave, Baltimore, MD, 21213 listed at $489,000 pairs $3,244/mo rent with a $2,393/mo payment to leave $203/mo cash flow. Total monthly income runs $3,244/mo, and annual cash flow reaches $2,437/yr on $162,104 cash to close. Return on cash invested measures 21.41% in year one, and rental yield registers 7.96% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 110.97% and total cumulative return in cash totals $179,890. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,244/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1920

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious Victorian in Mayfield 5BR, 2.5BA & Full of Charm! Beautifully updated and full of light, this 5-bedroom, 2.5-bath Victorian blends timeless character with modern comfort. Enjoy generous living spaces, custom window treatments including powered Roman shades, dual-zone HVAC, and a sunroom overlooking peaceful green space where deer wander by. The chefs kitchen features stainless appliances, while the main-level laundry room adds everyday convenience. Upstairs, custom closets provide stylish storage, and the third-floor suite offers a private retreat for guests, work, or playwith beautiful golf course views. Outside, a vinyl front fence, Wi-Fi locks, and a welcoming front porch complete the package. Stroll to Clifton Park, Herring Run, and neighborhood favorites like Arcola Coffee, Zekes, Kocos Pub, and Maggies Farm. A spacious, move-in-ready Mayfield gem where historic charm meets modern living!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21213, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,228 (100%)
Owner Occupied HU	5,690 (43.0%)
Renter Occupied HU	5,065 (38.3%)
Vacant Housing Units	2,473 (18.7%)
Median Home Value	$138,257
Average Home Value	$216,706