3830 8th St, Brooklyn, MD 21225

Investor-Ready Financial SnapshotnDiscover a turnkey, income-producing solid brick rowhome featuring 3 bedrooms, 2 full baths, and 1,632 sq ft of living spacelisted at $179,000 with an existing lease at $1,399/month.nnKey MetricsnnGross Annual Rent: $1,399 12 = $16,788nnGross Yield: 16,788 / 179,000 9.4%nnEstimated Expense Ratio: 40% of rent ($6,715/yr)nnNet Operating Income (NOI): 16,788 6,715 = $10,073/yrnnCap Rate: 10,073 / 179,000 5.6%nnPro Forma Cash-on-Cash (70% LTV @ 5.5% 30 yr): 7.8%nnRecent updatesfresh paint, new flooring, modern fixturesminimize immediate capital outlay. The low-maintenance brick exterior and on-street parking streamline day-to-day management. Proximity to public transit arteries (Route 40 bus, Light Rail), major universities (University of Baltimore, CCBC), and dining hotspots ensures sustained tenant demand.nn Renter-to-Owner AdvantagenMove from renting to owning with no payment increase. Current mortgage estimate (P + I + T + I): $929 P&I + $354 taxes + $100 insurance $1,383/monthstill below todays $1,399 rent2. Every payment builds equity instead of lining a landlords pockets.nnFinancial HighlightsnnDown Payment: 510% typical ( $9,000$18,000)nnYear 1 Equity Build: $900 principal pay-down + 3% market appreciation ( $5,370)nnRent Credit Option: Apply current tenants $1,399/month lease toward your mortgage or down paymentnnEnjoy a light-filled updated kitchen, hardwood floors, and room-for-growth in a walkable Brooklyn neighborhood steps from shop