6 Cromarty Rd, Baltimore, MD, 21229 | 6.83% Rental Yield

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Price: $300K - 500K

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6 Cromarty Rd, Baltimore, MD, 21229 | 6.83% Rental Yield | Ziffy

For Sale

Currently Rented

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 6 Cromarty Rd, Baltimore, MD, 21229 listed at $435,000 pairs $2,477/mo rent with a $2,129/mo payment. Total monthly income runs $2,477/mo. Return on cash invested measures 18.01% in year one, and rental yield registers 6.83% at a $435,000 basis. Equity gained on principal adds $2,807/yr, and annual property appreciation at 5% supports $120,182 by year five. Five-year ROI tracks 92.69% and total cumulative return in cash totals $133,656. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,477/mo property income relative to a $2,129/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1926

10,800 sqft lot

$N/A/sqft

No HOA

More details about the property

Tired of the uncertainties of the stock market? here is a "plug and play" real estate investment! This property is fully leased and occupied, with outstanding professional management in place. Many recent upgrades. Utilities separated. Each unit has its own washer and dryer. Pictures are of unit 2 (2 BR). Unit 1 is also 2 BR and is very similar. Baltimore County location has low taxes. Unit 3 has heat pump, including CAC. Property has 2 (2 BR) and 1 (1BR). Showings will be permitted after receipt of satisfactory pre-approval letter and proof of funds. Please do NOT disturb the tenants. All units self contained. #1 And #2 have stacked w/d, gas hot water heat and gas hot water. #3 has front loading w/d and heat pump HVAC, Showings will be permitted after receipt of satisfactory pre-approval letter and proof of funds. Please do NOT disturb the tenants.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21229, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,053 (100%)
Owner Occupied HU	9,761 (48.7%)
Renter Occupied HU	8,137 (40.6%)
Vacant Housing Units	2,155 (10.7%)
Median Home Value	$220,250
Average Home Value	$247,792