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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Baltimore at 8602 David Ave, Baltimore, MD, 21234 listed at $329,944 pairs $2,647/mo rent with a $1,615/mo payment to leave $595/mo cash flow. Total monthly income runs $2,647/mo, and annual cash flow reaches $7,138/yr on $109,376 cash to close. Return on cash invested measures 26.43% in year one, and rental yield registers 9.63% at a $329,944 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,157 by year five. Five-year ROI tracks 137.88% and total cumulative return in cash totals $150,809. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,647/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
7,653 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21234, Parkville, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,267 (100%) |
| Owner Occupied HU | 17,586 (60.1%) |
| Renter Occupied HU | 10,161 (34.7%) |
| Vacant Housing Units | 1,520 ( 5.2%) |
| Median Home Value | $323,568 |
| Average Home Value | $380,201 |
Residential
28,929
Single Family
22,699
Multi-Family
6,230
Businesses
1,135
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Margaret Rome • Home Rome Realty
Mls Name: Bright MLS
Mls ID: #MDBC2143062
