8 E Mulberry St, Baltimore, MD, 21202 | $155/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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8 E Mulberry St, Baltimore, MD, 21202 | $155/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 8 E Mulberry St, Baltimore, MD, 21202 earns $155/mo cash flow from $1,766/mo rent with a $1,268/mo payment. Total monthly income totals $1,766/mo, and annual cash flow totals $1,858/yr on $85,859 capital. ROI tracks 22.07% on current figures, and rental yield reads 8.18% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 114.5% and total cumulative return in cash sums $98,308. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,766/mo property income instead of your personal income.

Townhouse

Built in 1865

2,037 sqft lot

$N/A/sqft

No HOA

More details about the property

Back on Market Now Improved! Exceptional Investment Opportunity in Historic Mt. Vernon! After 10 months off the market, the owner has completed key updates including a new roof, new gutters, and upgraded electrical systemmaking this property an even stronger value. This 4-level building at 8 E Mulberry St offers nearly 4,000 sq ft of versatile space in the heart of the Arts District, just steps from Mercy Hospital. Currently utilized as a law office, it provides tremendous potential for conversion into a multi-unit investment property or restoration into a grand single-family home. Key Features: - Prime Location: Nestled in the Historic Mt. Vernon neighborhood, renowned for its 100% walkability to cultural attractions, dining, shopping, and more - Recent Updates: New roof, gutters, and updated electrical mean less upfront work for the next owner - Flexible Use: Perfect for investors aiming to develop a multi-unit rental property or for buyers looking to create a spacious home in Baltimore's most walkable neighborhood - Move-In Ready: Features a finished basement and flexible floor plan showcasing immediate functionality - Convenient Amenities: Seamless access to public transportation makes getting around Baltimore effortless With these updates now complete, this property offers a solid foundation for your investment goals. Don't miss this renewed opportunityschedule your showing today and transform this versatile property into a profitable investment or stunning residence in one of Baltimore's most iconic neighborhoods!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21202, Baltimore, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,501 (100%)
Owner Occupied HU	2,160 (14.9%)
Renter Occupied HU	9,766 (67.3%)
Vacant Housing Units	2,575 (17.8%)
Median Home Value	$333,514
Average Home Value	$401,184