2840 Aspen Hill Rd, Baltimore, MD, 21234 | $639/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2840 Aspen Hill Rd, Baltimore, MD, 21234 | $639/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 2840 Aspen Hill Rd, Baltimore, MD, 21234 offers a 9.98% rental yield on a $305,000 purchase with $2,536/mo rent. Total monthly income registers $2,536/mo, and a $1,493/mo payment leaves $639/mo available for distribution. Annual cash flow reaches $7,667/yr on $101,108 to close, and return on cash invested stands at 27.49% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 143.55% and total cumulative return in cash at $145,138. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,536/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1980

1,500 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautiful home with everything you're looking for: 3 bedrooms and 2 full baths and a 1/2 bath on the lower level that was newly remodeled. The owner added so many special features like the antique chestnut floors on the main level and the walnut baluster and handrails and the antique ceramic knobs and rim locks on the 2nd floor, and a fish pond in the back yard by the brick patio accessed from the lower level family room with a wood burning fireplace, which has received recent cleaning by a chimney sweep. There are upgrades galore like the granite countertops and the marble kitchen floor and the walk-in shower in 1 of the full baths. The 40 gallon water heater was installed in 2024, The owner has had a contract with Pipco with many years and had the HVAC system serviced by them twice a year. Bonus room on lower level to make into an office or craft room or library or workshop.The living room has working wooden shutters and 2 assigned parking spaces come with the property and there are visitor spots at the end of rows. Refrigerator has an ice maker. 4' leaded panel in front door which has a touch button auto lock for security. Windows are double hung tilt-in for easy cleaning. Brass chandelier in the entry hall and a companion chandelier in the dining room. Interior doors are raised panel for architectural interest. The kitchen sink is a deep well stainless sink. Brand new 10 year CO2 & smoke detectors installed. Come and see this gem before its gone!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21234, Parkville, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	29,267 (100%)
Owner Occupied HU	17,586 (60.1%)
Renter Occupied HU	10,161 (34.7%)
Vacant Housing Units	1,520 ( 5.2%)
Median Home Value	$323,568
Average Home Value	$380,201