802 Waterview Dr, Baltimore, MD, 21226 | 5.83% Rental Yield

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802 Waterview Dr, Baltimore, MD, 21226 | 5.83% Rental Yield | 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 802 Waterview Dr, Baltimore, MD, 21226 generates $2,892/mo in rent, after a $2,912/mo payment. Total monthly income is $2,892/mo. Return on cash invested sits at 15.1% in year one, and rental yield is 5.83% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 77.09% and total cumulative return in cash sums $150,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,892/mo property income rather than buyer’s personal income.

Single Family

Built in 1978

5,538 sqft lot

$N/A/sqft

No HOA

More details about the property

Waterfront Luxury with Private Pier & Endless Views Imagine waking up each day to shimmering water just beyond your windows. At 802 Waterview Drive, every detail celebrates the beauty of the waterfront lifestyle. Nestled on a tranquil cove of Cox Creek, this elegant retreat combines modern updates, inviting spaces, and breathtaking vistas that make every moment feel like a getaway. A Waterfront Experience Like No Other. From the lower level deck to the thoughtfully designed tiered terrace you get to step onto your recently refurbished private pier and feel the calm of the water surround you. With potentially 2 boat slips, jet ski, and space for kayaks and paddleboards, the cove is your playground. Spend mornings watching herons glide over the water, afternoons cruising the Chesapeake, and evenings on the deck with golden sunsets painting the sky. Sophisticated Living Spaces Inside, the vaulted great room with wood accent wall and floor-to-ceiling sliders brings the outdoors in. The open dining area flows to a spacious deck, perfect for cocktails, alfresco dining, and entertaining with a view. The gourmet kitchen shines with quartz counters, custom cabinetry, and stainless steel appliancesboth stylish and functional. Three serene bedrooms and a spa-like bath complete this level. A Retreat for Relaxation - The lower level expands your living space with a large family room featuring a open fireplace, slate tile floors, and direct walkout to the water. A guest bedroom, second full bath, laundry, and storage make it an ideal retreat for visitors or multi-generational living. Location & Lifestyle With a generous parking pad, featuring public water, public sewer and NO HOA, a community beach and tot lot, and easy access to Routes 695, 295, and 100, youll enjoy both convenience and tranquility. This is more than a homeits a waterfront sanctuary, where every day feels like a vacation. Recent improvements include a new kitchen with appliances (2022), updated bathrooms (2021 & 2023), new flooring upstairs and downstairs (2023), fresh paint, new hot water heater (2023), new sump pump (2023), and a new roof (2022). The private dock and pier were re-stained with new boards in 2022.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21226, Curtis Bay, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,032 (100%)
Owner Occupied HU	1,671 (55.1%)
Renter Occupied HU	974 (32.1%)
Vacant Housing Units	387 (12.8%)
Median Home Value	$389,037
Average Home Value	$477,476