617 N Bend Rd, Baltimore, MD, 21229 | $1,091/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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617 N Bend Rd, Baltimore, MD, 21229 | $1,091/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

Rental property for sale in Baltimore at 617 N Bend Rd, Baltimore, MD, 21229 priced at $335,000 pairs $3,175/mo rent with $1,091/mo cash flow after a $1,640/mo payment. Total monthly income equals $3,175/mo, and annual cash flow comes to $13,094/yr on $111,053 invested. Return on cash invested is 31.7% in year one, and rental yield stands at 11.37% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 166.13% and total cumulative return in cash reaches $184,496. For financing, Ziffy Mortgage’s DSCR program evaluates $3,175/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1922

5,450 sqft lot

$N/A/sqft

No HOA

More details about the property

This charming 4-bedroom, 1-bath Cape Cod offers comfort, character, and great potential in the heart of Meridale Meadows! Step inside to find bright, airy space with gleaming hardwood floors and generous natural light throughout. The main level features a spacious living room, two bedrooms, and a full bath. Upstairs, youll find two additional bedrooms perfect for family, guests, or a home office. The kitchen provides plenty of cabinet space and leads to the backyard, ideal for entertaining, gardening, or simply relaxing outdoors. The lower level offers a rough-in for a second bath, giving you the opportunity to expand and customize. With a little vision, this basement can easily be transformed into additional living space, a recreation room, or a private suite. Enjoy off-street parking, a covered front porch, and a location that offers easy access to major commuter routes, shopping, schools, and parks. Whether youre a first-time homebuyer looking for a solid home with room to grow or an investor seeking an excellent opportunity, 617 North Bend Rd is a must-see! Updated in the last 56 years with new roof, siding, windows, and HVAC, this home features hardwood floors. Enjoy a spacious yard, convenient location near shopping and commuter routes, and plenty of charm throughout. Move-in ready and waiting for you!

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