3204 Elizabeth Ave, Baltimore, MD, 21227 | $241/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3204 Elizabeth Ave, Baltimore, MD, 21227 | $241/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1172 sft

7333 New Hampshire Ave APT 1103, Takoma Park, MD, 20912

3 Bed
2 Bath
1726 sft

20 Hazel Ave, Baltimore, MD, 21227

1 Bed
1 Bath
943 sft

7714 Hanover Pkwy APT 108, Greenbelt, MD, 20770

3 Bed
2 Bath
1197 sft

5005 Green Mountain Cir UNIT 4, Columbia, MD, 21044

Nearby investment properties with comparable prices

2 Bed
2 Bath
1008 sft

9075 N Laurel Rd UNIT J, Laurel, MD, 20723

3 Bed
1 Bath
1068 sft

1976 Arwell Ct, Severn, MD, 21144

Investment Property+ 1 more

2 Bed
2 Bath
960 sft

9175 Hitching Post Ln UNIT J, Laurel, MD, 20723

2 Bed
2 Bath
1063 sft

6960 Hanover Pkwy APT 200, Greenbelt, MD, 20770

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Baltimore at 3204 Elizabeth Ave, Baltimore, MD, 21227 generates $1,796/mo in rent and, after a $1,224/mo payment, leaves $241/mo in cash flow. Total monthly income is $1,796/mo, and annual cash flow is $2,889/yr on $82,875 invested. Return on cash invested sits at 23.39% in year one, and rental yield is 8.62% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 121.58% and total cumulative return in cash sums $100,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,796/mo property income rather than buyer’s personal income.

Single Family

Built in 1920

9,000 sqft lot

$N/A/sqft

No HOA

More details about the property

An affordable and convenient Cape Cod in Lansdowne is ready for new owners. Located on a quiet no-through street with a spacious, flat lot, this home offers plenty of potential. The long driveway provides off-street parking, and the fully fenced yard is perfect for keeping pets and kids safe. The inground pool has brought joy for many years but hasn't been opened recently and may need updates. Two storage sheds offer space for all your outdoor essentials. A covered front porch is the perfect spot to enjoy your morning coffee. The main level is bright and cheerful, featuring a bedroom, living room, sitting room, dining room, and kitchenall on one level. A bonus room, currently used as an office, leads to stairs accessing the upper level. Upstairs, you'll find two bedrooms and a full bath. The unfinished basement needs work but includes a laundry area and an oil-burning boiler to keep you warm in winter. This home is being sold as-is, with furnishings included. Bring your vision and turn this house into your dream home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21227, Halethorpe, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,782 (100%)
Owner Occupied HU	8,244 (59.8%)
Renter Occupied HU	4,715 (34.2%)
Vacant Housing Units	823 ( 6.0%)
Median Home Value	$328,317
Average Home Value	$368,618