2917 Wells Ave, Baltimore, MD, 21219 | $202/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2917 Wells Ave, Baltimore, MD, 21219 | $202/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 2917 Wells Ave, Baltimore, MD, 21219 uses $82,544 cash to close to unlock $2,425/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $1,751/mo, and a $1,219/mo payment keeps the spread at $202/mo. Purchase price stands at $249,000, and rental yield measures 8.44% with $1,751/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 118.68% and total cumulative return in cash records $97,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,751/mo property income covering a $1,219/mo payment rather than investor’s personal income.

Single Family

Built in 1941

10,500 sqft lot

$N/A/sqft

No HOA

More details about the property

You will love this very quaint two bedroom one full bath home. It sits on a large level fenced in yard. It also includes a two car detached garage that you enter from the alley with plenty of parking spaces . The Home is in need of some TLC. Recent upgrades include Roof, Hvac, and concrete . All appliances convey with the home. The home is sold as is.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21219, Sparrows Point, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,146 (100%)
Owner Occupied HU	3,126 (75.4%)
Renter Occupied HU	689 (16.6%)
Vacant Housing Units	331 ( 8.0%)
Median Home Value	$418,475
Average Home Value	$517,067