Top 10 Baltimore Zillow Investment Listings Ranked by Cash-on-Cash Return
Ten Baltimore rental listings from Zillow ranked by cash-on-cash return. Auctions, foreclosures, and sub-$65K townhomes with Realy metrics and investor notes.
These ten listings were pulled from Baltimore Zillow markets (21229, 21223, 21217, 21216, 21225, 21224, 21230, 21212, 21205) and ranked by cash-on-cash return (CoC) using Realy’s Chrome extension, sorted by highest CoC first.
Every listing shows extreme positive CoC under lean assumptions. Most are auctions or bank-owned foreclosures under $65K. Headline yields reflect distress pricing, not turnkey rentals. Condition, title, and occupancy diligence come first.
This is a screening list, not a buy list.
Calculation Assumptions Used
| Input | Setting |
|---|---|
| Down payment | 20% · Closing 1% · Rate 6.5% · 30Y fixed |
| Property taxes | 2% of sale value |
| Insurance, vacancy, maintenance, HOA | $0 (add your quotes) |
| Rent | Zillow Rent Zestimate |
See cash-on-cash formula and NOI guide.
At-a-Glance Ranking
| # | Address | Price | Beds/Baths | CoC | Cap Rate | Mo. CF | Rent/mo |
|---|---|---|---|---|---|---|---|
| 1 | 4019 Edmondson Ave | $15,000 | 3 / 3 | 797.8% | 173.6% | $2,094 | $2,195 |
| 2 | 336 S Stricker St | $25,900 | 3 / 3 | 449.6% | 100.5% | $2,038 | $2,212 |
| 3 | 2529 Woodbrook Ave | $29,900 | 4 / 3 | 349.7% | 79.5% | $1,830 | $2,031 |
| 4 | 2756 W Mosher St | $29,900 | 3 / 1 | 313.0% | 71.8% | $1,638 | $1,839 |
| 5 | 612 Arsan Ave | $30,000 | 3 / 1 | 302.3% | 69.6% | $1,587 | $1,789 |
| 6 | 3407 Esther Pl | $49,500 | 2 / 1 | 208.3% | 49.8% | $1,804 | $2,137 |
| 7 | 2029 Annapolis Rd | $40,000 | 3 / 1 | 204.2% | 48.9% | $1,429 | $1,698 |
| 8 | 705 Woodbourne Ave | $60,000 | 3 / 2 | 180.4% | 44.0% | $1,895 | $2,298 |
| 9 | 3034 McElderry St | $65,000 | 3 / 1 | 158.1% | 39.3% | $1,798 | $2,235 |
| 10 | 1115 McKean Ave | $55,000 | 3 / 1 | 138.0% | 35.1% | $1,328 | $1,698 |
#1: 4019 Edmondson Ave, Baltimore MD 21229
Townhouse · 3 bed / 3 bath · 1,512 sqft · $15,000
| Metric | Value |
|---|---|
| Cash-on-cash | 797.8% |
| Cap rate | 173.6% |
| Monthly cash flow | $2,094 |
| Total cash down | $3,150 |
Why it ranks #1: $15K auction basis with $2,195/mo rent. Zestimate ~$165K vs. list.
Investor notes: Listed as auction. Massive Zestimate gap. Verify condition, liens, auction terms, and financing eligibility before treating yield as real.
#2: 336 S Stricker St, Baltimore MD 21223
Townhouse · 3 bed / 3 bath · 1,400 sqft · $25,900
| Metric | Value |
|---|---|
| Cash-on-cash | 449.6% |
| Cap rate | 100.5% |
| Monthly cash flow | $2,038 |
Investor notes: Bank-owned foreclosure. 94 days on market. Southwest Baltimore. Budget rehab and title diligence.
#3: 2529 Woodbrook Ave, Baltimore MD 21217
Townhouse · 4 bed / 3 bath · 1,857 sqft · $29,900
| Metric | Value |
|---|---|
| Cash-on-cash | 349.7% |
| Cap rate | 79.5% |
| Monthly cash flow | $1,830 |
Investor notes: Bank-owned foreclosure. 36 days on market. Larger four-bed footprint. Confirm occupancy and rehab scope.
#4: 2756 W Mosher St, Baltimore MD 21216
Townhouse · 3 bed / 1 bath · 1,590 sqft · $29,900
| Metric | Value |
|---|---|
| Cash-on-cash | 313.0% |
| Cap rate | 71.8% |
| Monthly cash flow | $1,638 |
Investor notes: Bank-owned foreclosure. Brand-new listing. Zestimate ~$124K vs. $30K list. Large automated value gap.
#5: 612 Arsan Ave, Baltimore MD 21225
Townhouse · 3 bed / 1 bath · 1,294 sqft · $30,000
| Metric | Value |
|---|---|
| Cash-on-cash | 302.3% |
| Cap rate | 69.6% |
| Monthly cash flow | $1,587 |
Investor notes: Listed as auction. Brooklyn / Curtis Bay area (21225). Confirm auction process and property condition.
#6: 3407 Esther Pl, Baltimore MD 21224
Townhouse · 2 bed / 1 bath · 1,590 sqft · $49,500
| Metric | Value |
|---|---|
| Cash-on-cash | 208.3% |
| Cap rate | 49.8% |
| Monthly cash flow | $1,804 |
Investor notes: Bank-owned foreclosure. Highlandtown / 21224. 20 days on market. Tax assessed $117,200.
#7: 2029 Annapolis Rd, Baltimore MD 21230
Single family · 3 bed / 1 bath · 1,272 sqft · $40,000
| Metric | Value |
|---|---|
| Cash-on-cash | 204.2% |
| Cap rate | 48.9% |
| Monthly cash flow | $1,429 |
Investor notes: Bank-owned foreclosure. 97 days on market. Only SFR in the top half of this screen. South Baltimore.
#8: 705 Woodbourne Ave, Baltimore MD 21212
Single family · 3 bed / 2 bath · 1,908 sqft · $60,000
| Metric | Value |
|---|---|
| Cash-on-cash | 180.4% |
| Cap rate | 44.0% |
| Monthly cash flow | $1,895 |
Investor notes: Listed as auction. Zestimate ~$222K vs. $60K list. 0.31-acre lot. 90 days on market. Strong yield only if the asset is rentable as-is.
#9: 3034 McElderry St, Baltimore MD 21205
Townhouse · 3 bed / 1 bath · 1,372 sqft · $65,000
| Metric | Value |
|---|---|
| Cash-on-cash | 158.1% |
| Cap rate | 39.3% |
| Monthly cash flow | $1,798 |
Investor notes: Listed as auction. East Baltimore / 21205. Zestimate ~$114K. 5 days on market.
#10: 1115 McKean Ave, Baltimore MD 21217
Townhouse · 3 bed / 1 bath · 1,200 sqft · $55,000
| Metric | Value |
|---|---|
| Cash-on-cash | 138.0% |
| Cap rate | 35.1% |
| Monthly cash flow | $1,328 |
Investor notes: Standard FSBA listing (not auction/foreclosure). Brand-new on market. Tax assessed only $23,667. Still needs full condition and rent-comp diligence.
Baltimore Patterns
| Pattern | Takeaway |
|---|---|
| Auction / foreclosure screen | Nine of ten are distress listings. Rehab and title risk dominate |
| Sub-$65K basis | Every listing under $65K. Cash buyers often have an edge |
| Zestimate gaps | Several show automated values 3x–10x list price |
| vs. Maryland state | Compare Maryland top 10 for Waldorf contrast |
Screen Baltimore in Realy
- Install Realy
- Search Baltimore, MD
- Sort by cash-on-cash in the analyzer
Related: First rental checklist · Maryland top 10
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