3204 Newfane Ct, Baldwin, MD, 21013 | 6.5% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3204 Newfane Ct, Baldwin, MD, 21013 | 6.5% Rental Yield | Ziffy

For Sale

Listed for sale 5 days ago

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 Baldwin at 3204 Newfane Ct, Baldwin, MD, 21013 listed at $650,000 pairs $3,521/mo rent with a $3,181/mo payment. Total monthly income runs $3,521/mo. Return on cash invested measures 17.14% in year one, and rental yield registers 6.5% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 87.97% and total cumulative return in cash totals $188,126. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,521/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1985

0.73 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled in the highly sought after neighborhood of Glen Elyn, this graciously sized 4 bedroom, 2.5 bathroom residence is tucked away on a serene cul-de-sac. As you step inside, the inviting warmth of hardwood floors in the living and dining areas immediately catches your eye. These spacious rooms offer the perfect setting for entertaining family and guests. The main level features an eat-in kitchen complete with a pantry and a conveniently located laundry room making daily chores a breeze. Adjacent to the kitchen is a large family room with a wood burning fireplace and direct access to a generous deck. A versatile bonus room on this level can serve as an office, guest room or library. A well- placed half bath completes the main floor. All of these spaces offer wonderful views of the state park situated just behind the expansive lot. Upstairs you will find a spacious primary bedroom suite featuring a walk in closet, an additional closet near the entrance, and a recently remodeled en-suite bathroom. A dual vanity hall bath and three additional generously sized bedrooms-all with luxury vinyl plank flooring-round out the upper level. Notable Updates: Roof (2015), HVAC (2012) Well head and well tank (2022) Water heater (2022)

Neighborhood Data

Neighborhood data shown for ZIP Code: 21013, Baldwin, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,741 (100%)
Owner Occupied HU	1,601 (92.0%)
Renter Occupied HU	80 ( 4.6%)
Vacant Housing Units	60 ( 3.4%)
Median Home Value	$612,118
Average Home Value	$675,350