6350 Red Cedar Pl UNIT 210, Baltimore, MD, 21209 | $546/mo Cash Flow

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6350 Red Cedar Pl UNIT 210, Baltimore, MD, 21209 | $546/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 6350 Red Cedar Pl UNIT 210, Baltimore, MD, 21209 offers a 9.98% rental yield on a $259,900 purchase with $2,162/mo rent. Total monthly income registers $2,162/mo, and a $1,272/mo payment leaves $546/mo available for distribution. Annual cash flow reaches $6,548/yr on $86,157 to close, and return on cash invested stands at 27.51% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 143.65% and total cumulative return in cash at $123,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,162/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcoming & Lush Heather Ridge community. Beautiful gated community tastefully landscaped with various shrubs, perennials and boarders. Spacious 1,623 sq ft 2 bedroom/2 bath home. Bedrooms are anchored at opposite ends of the unit. Spacious primary suite with generous walk-in closet, ceramic bathroom, generous sized bedroom with window overlooking mature trees. Large living room, dining room and kitchen have access through sliders to Florida room. This is a perfect location to take in all of the views. Second bedroom currently being used as a den. There is a hall bath and utility room/laundry room with full size washer/dryer and storage. Community amenities include in-ground pool, club house with work out room & sauna, sports courts, play area, walking trails and more. Parking is assigned and the new location will be determined. This is an estate sale. Home inspections are welcome for informational purposes only.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21209, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,417 (100%)
Owner Occupied HU	7,046 (56.7%)
Renter Occupied HU	4,736 (38.1%)
Vacant Housing Units	635 ( 5.1%)
Median Home Value	$517,404
Average Home Value	$548,957