414 Water St UNIT 1501, Baltimore, MD, 21202 | $168/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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414 Water St UNIT 1501, Baltimore, MD, 21202 | $168/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 414 Water St UNIT 1501, Baltimore, MD, 21202 listed at $210,000 pairs $1,474/mo rent with a $1,028/mo payment to leave $168/mo cash flow. Total monthly income runs $1,474/mo, and annual cash flow reaches $2,013/yr on $69,615 cash to close. Return on cash invested measures 22.8% in year one, and rental yield registers 8.42% at a $210,000 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Five-year ROI tracks 118.39% and total cumulative return in cash totals $82,420. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,474/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

Seller paying six months of condo and parking space fee! NEW STOVE, MICROWAVE AND DISHWASHER. Fresh paint and new carpet throughout! Come experience city living! Step inside to an open, airy floor plan that blends comfort with modern elegance. Sun-soaked living spaces, a smooth-flowing kitchen, and generously sized bedrooms create the perfect retreat after a long day. Whether you're hosting, relaxing, or working from home, every moment feels elevated by the view. Just outside your door, resort-style amenities elevate everyday living: a fitness center, outdoor pool, 24/7 concierge, business services, and an inviting clubhouse perfect for unwinding or connecting with friends. And with the Inner Harbor, cafs, restaurants, and entertainment just steps away, youre positioned right in the heart of everything Baltimore has to offer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21202, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,501 (100%)
Owner Occupied HU	2,160 (14.9%)
Renter Occupied HU	9,766 (67.3%)
Vacant Housing Units	2,575 (17.8%)
Median Home Value	$333,514
Average Home Value	$401,184