738 McHenry St, Baltimore, MD, 21230 | $520/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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738 McHenry St, Baltimore, MD, 21230 | $520/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 738 McHenry St, Baltimore, MD, 21230 offers $2,293/mo rent that, after a $1,395/mo payment, leaves $520/mo cash flow. Total monthly income is $2,293/mo, and annual cash flow is $6,244/yr on $94,478 cash. Return on cash invested measures 26.52% in year one, and rental yield stands at 9.65% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 138.34% and total cumulative return in cash reaches $130,698. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,293/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Townhouse

Built in 1900

1,380 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome Home to 738 McHenry St! Discover the perfect blend of classic Baltimore character and modern comfort in this beautifully updated 3-bedroom, 2-full bathroom rowhome. Step inside a bright and inviting living space featuring large front windows that flood the room with natural light and a charming wood-burning fireplace, perfect for cozy evenings. This home has recently been freshly painted throughout all three levels in a neutral palette to complement any decor, and features brand new, plush carpeting throughout the upper floors. The functional main level floor plan opens up via sliding glass doors to a private, enclosed rear deck, offering a seamless indoor-outdoor living experience. The thoughtfully designed layout guides you through the home, culminating in a third-level primary suite complete with its own private bath. Step outside to the lovely upper deck, ideal for relaxing, entertaining outdoors, or enjoying the proximity to community parks, restaurants and sporting venues. Conveniently located near the University of Maryland Medical Center and local shops, this move-in ready property offers exceptional value. Don't miss this opportunityschedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21230, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,297 (100%)
Owner Occupied HU	8,217 (40.5%)
Renter Occupied HU	9,114 (44.9%)
Vacant Housing Units	2,966 (14.6%)
Median Home Value	$366,297
Average Home Value	$389,487