518 Wampler Rd, Baltimore, MD, 21220 | $386/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

518 Wampler Rd, Baltimore, MD, 21220 | $386/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1335 sft

5915 Abrianna Way UNIT D, Elkridge, MD, 21075

3 Bed
3 Bath
1116 sft

393 Jaybea Ct, Glen Burnie, MD, 21061

3 Bed
3 Bath
1680 sft

7686 Briar Ln, Pasadena, MD, 21122

4 Bed
3 Bath
2004 sft

113 Glendale Ave, Glen Burnie, MD, 21061

Nearby investment properties with comparable prices

5 Bed
2 Bath
1991 sft

416 Southway, Baltimore, MD, 21218

4 Bed
3 Bath
1960 sft

3621 Chestnut Ave, Baltimore, MD, 21211

4 Bed
3 Bath
1876 sft

7 Yew Ct, Baltimore, MD, 21221

3 Bed
2 Bath
1296 sft

607 W 39th St, Baltimore, MD, 21211

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 518 Wampler Rd, Baltimore, MD, 21220 generates $3,029/mo in rent and, after a $2,080/mo payment, leaves $386/mo in cash flow. Total monthly income is $3,029/mo, and annual cash flow is $4,631/yr on $140,888 invested. Return on cash invested sits at 23.2% in year one, and rental yield is 8.55% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 120.5% and total cumulative return in cash sums $169,769. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,029/mo property income rather than buyer’s personal income.

Single Family

Built in 1942

0.92 Acres lot

$N/A/sqft

No HOA

More details about the property

This Middle River gem has been renovated from top to bottom and is only a mile from the river! From the moment you arrive, the wrap around sidewalk and beautifully landscaped lot welcome you home. Step onto the charming front porch and inside to a bright, inviting living room with a double window that fills the space with natural light. The new LVP floors flows seamlessly into the fully updated eat-in kitchen, featuring granite countertops, marble tile backsplash, farmhouse sink, and stainless steel appliances. A custom coffee bar with double pantries and extra cabinetry provides abundant storage. Enjoy looking out the bay window overlooking the yard. Its the perfect blend of modern comfort and timeless character. Two main floor bedrooms offer convenience and flexibility, paired with a renovated full bath boasting of custom tile. Ascending the wood staircase, the second floor offers three spacious bedrooms, each with walk-in closets and new plush carpet. The upstairs bath is a retreat of its ownbeautifully tiled with a jacuzzi tub and glass-enclosed shower. The finished attic beyond serves as a cozy bonus room or think of the walk-in closet this could be! The finished basement extends the living space with a family room and kitchenette, plus a rough-in for a future full bath. With the basement having full waterproofing (2023) and a walk out egress, the lower level is ready for whatever you imagine next. Step outside to the enormous composite deck and stamped concrete patiothe perfect outdoor area ideal for entertaining and relaxing. The garage was fully redone in 2023 with new siding, windows, doors, and roof, ensuring years of worry-free use. This home is truly one of a kind freshly painted throughout, new worry-free LVP flooring, and major systems upgraded for peace of mind: New roof & siding (2023) New oil tank (2023) New electric panel, breakers & wiring, New waterlines throughout, Electrical added to attic & basement , 2nd level HVAC with new heat pump and ductwork. Middle River is close to all major highways and White Marsh is close by for shopping, restaurants and entertainment and only 10 miles from John Hopkins Hospital. With its thoughtful updates, timeless charm, and move-in ready condition, this is a home youll fall in love with the moment you step inside!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21220, Middle River, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,638 (100%)
Owner Occupied HU	11,529 (61.9%)
Renter Occupied HU	5,869 (31.5%)
Vacant Housing Units	1,240 ( 6.7%)
Median Home Value	$340,792
Average Home Value	$401,193