2809 Allendale Rd, Baltimore, MD, 21216 | $400/mo Cash Flow

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2809 Allendale Rd, Baltimore, MD, 21216 | $400/mo Cash Flow | Ziffy

Pending

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 2809 Allendale Rd, Baltimore, MD, 21216 offers a 9.15% rental yield on a $285,000 purchase with $2,173/mo rent. Total monthly income registers $2,173/mo, and a $1,395/mo payment leaves $400/mo available for distribution. Annual cash flow reaches $4,804/yr on $94,478 to close, and return on cash invested stands at 24.99% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 130.18% and total cumulative return in cash at $122,994. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,173/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1920

7,150 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated 3-bedroom, 2-bath home offering 1,412 sq ft of stylish living space on a generous 7,150 sq ft lot. Step inside and youll immediately notice the thoughtful designer touches throughout, from the hardwood floors and plush carpeting to the bright, open layout. The gourmet kitchen is a true highlight, featuring granite countertops, stainless steel appliances, and custom wood cabinetryperfect for everyday living and entertaining alike. Both bathrooms have been tastefully designed, including a spa-like master bath with a relaxing whirlpool tub. The spacious primary suite offers a private retreat, while the additional bedrooms provide flexibility for family, guests, or a home office. With its combination of modern upgrades, comfort, and charm, this home is move-in ready and waiting for you. Dont miss this opportunity to make it yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21216, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,004 (100%)
Owner Occupied HU	5,486 (39.2%)
Renter Occupied HU	5,494 (39.2%)
Vacant Housing Units	3,024 (21.6%)
Median Home Value	$188,217
Average Home Value	$272,901