451 W 24th St, Baltimore, MD, 21211 | $173/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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451 W 24th St, Baltimore, MD, 21211 | $173/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 451 W 24th St, Baltimore, MD, 21211 listed at $269,900 pairs $1,852/mo rent with a $1,321/mo payment to leave $173/mo cash flow. Total monthly income runs $1,852/mo, and annual cash flow reaches $2,081/yr on $89,472 cash to close. Return on cash invested measures 22.23% in year one, and rental yield registers 8.23% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 115.38% and total cumulative return in cash totals $103,230. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,852/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1900

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully renovated 2BR/2BA Townhome located in the eclectic neighborhood of Remington. Make your way to the front door and step inside your forever home. This home boasts tons of natural light, an open main floor plan, luxury flooring, recessed lighting, and a warming color palette. The main floor boasts open concept living featuring a spacious living room, dining room, and beautiful kitchen. The kitchen features two tone cabinets with a complimenting granite countertop, a subway tiled backsplash, stainless steel appliances, and a deep stainless sink. Tucked behind the kitchen is a full bath with a walk-in shower and washer/dryer. On the newly carpeted second floor is a sizable secondary bedroom with a custom closet system, a smaller secondary ideal as a nursery or home office, a larger primary bedroom with a large walk-in closet, and a newly remodeled full bath with a double sink vanity and a beautifully tiled sub surround. The lower level is clean and dry offering you the opportunity to create additional space to accommodate your families needs. From the main floor step outside to a newly constructed set of stairs leading to a privately fenced yard offering so many possibilities. This home is move-in ready with so much to offer new homeowners, and is located in close proximity to shopping, restaurants, and commuter routes.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21211, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,433 (100%)
Owner Occupied HU	4,555 (48.3%)
Renter Occupied HU	4,025 (42.7%)
Vacant Housing Units	853 ( 9.0%)
Median Home Value	$321,419
Average Home Value	$342,025