6350 Red Cedar Pl UNIT 309, Baltimore, MD, 21209 | $935/mo Cash Flow

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6350 Red Cedar Pl UNIT 309, Baltimore, MD, 21209 | $935/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 309, Baltimore, MD, 21209 earns $935/mo cash flow from $2,676/mo rent with a $1,370/mo payment. Total monthly income totals $2,676/mo, and annual cash flow totals $11,222/yr on $92,787 capital. ROI tracks 32% on current figures, and rental yield reads 11.47% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 167.79% and total cumulative return in cash sums $155,689. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,676/mo property income instead of your personal income.

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA

More details about the property

This beautifully renovated 3 bedroom 2 bath condo showcases modern design and thoughtful finishes throughout. The open-concept living space features stunning light oak hardwood flooring that flows seamlessly from room to room, creating a warm and cohesive aesthetic. The living area opens directly to a private balcony with wooded views, accessible through sleek black-framed sliding glass doors. The contemporary kitchen boasts white shaker-style cabinetry with modern hardware, pristine white countertops, and a large center island with seating. Stainless steel appliances include a French-door refrigerator, over-the-range microwave, and dishwasher. An electric range and undermount sink with a gooseneck faucet complete this chef-friendly space. Additional windows and balcony access from the kitchen area provide excellent natural light and indoor-outdoor flow. The bathrooms feature clean, modern designs with white finishes throughout. The main bathroom includes a full tub/shower combination with white subway tile surround, while another bathroom offers a walk-in shower with glass doors and white penny tile flooring. Both bathrooms feature white vanities with contemporary fixtures and framed mirrors. A dedicated laundry room with full-size washer and dryer and convenient overhead shelving adds practical functionality to this well-appointed home. This condo perfectly balances style and livability with its neutral color palette, quality finishes, and abundance of natural light throughout.

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