606 Charraway Rd, Baltimore, MD, 21229 | $339/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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606 Charraway Rd, Baltimore, MD, 21229 | $339/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 606 Charraway Rd, Baltimore, MD, 21229 offers a 9.55% rental yield on a $194,900 purchase with $1,551/mo rent. Total monthly income registers $1,551/mo, and a $954/mo payment leaves $339/mo available for distribution. Annual cash flow reaches $4,065/yr on $64,609 to close, and return on cash invested stands at 26.2% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,847 over five years. Portfolio math shows five-year ROI at 136.63% and total cumulative return in cash at $88,275. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,551/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1964

N/A lot

$N/A/sqft

No HOA

More details about the property

Nestled in the charming Beechfield neighborhood, this exquisite Colonial townhouse offers a perfect blend of modern luxury and timeless elegance. With 896 square feet of thoughtfully designed living space, this home is a sanctuary of comfort and style. Step into the heart of the home, where the gourmet kitchen awaits. Outfitted with high-end stainless steel appliances, including a built-in microwave, gas oven/range, and a sleek dishwasher, this culinary haven is perfect for both everyday meals and entertaining guests. The refrigerator complements the sophisticated aesthetic, ensuring that every detail is both functional and visually appealing. The inviting living areas feature a harmonious mix of plush carpeting and luxury vinyl plank flooring, creating a warm ambiance that beckons you to unwind. Two well-appointed bedrooms and two full bathrooms provide ample space for relaxation and rejuvenation, while the unfinished basement offers endless possibilities for customization. Enjoy the convenience of on-street parking and the vibrant community atmosphere that Beechfield has to offer. This property is not just a home; it's a lifestyle choice that embodies comfort, elegance, and modern living. Experience the joy of coming home to a space that reflects your aspirations and enhances your everyday life.

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