Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
Median Sold Price Up 16% to $65K
Updated 7 days ago • 12 new comps
Your Investment Paths
Turnkey Rental
The rental outlook for 43 Wheeler Avenue is promising, with market data suggesting a monthly income potential between $1,631 and $1,807. These figures reflect strong demand for three-bedroom homes in the Baltimore area. Steady market appreciation of approximately 0.95% indicates solid stability for this investment. With a median market rent of $1,662, this property offers a competitive and reliable cash flow opportunity for potential long-term rental income.
More about this home
Neighborhood Assessment
43 Wheeler Ave sits in Baltimore's Penrose-Fayette Street Outreach neighborhood, a working-class area with low recent comp sales around $30-70K for similar townhomes. Nearby schools rate poorly (2-3/10), signaling limited family appeal. Walkability is decent but safety concerns persist in this 21223 zip—think twice about nighttime strolls. No major developments like new malls or stores popping up nearby to boost values. Comps show quick flips at bargain prices, hinting at investor activity, but overall neighborhood standard stays modest. Rehab to match comps: basic updates, nothing fancy.
Market Activity
+ Ask a question in the app
Rental Income
$21K
Yield
—
Year 1 Estimates
Fix-and-Flip
Modernizing your home significantly boosts value, increasing the price per square foot from roughly $75 to $89. This represents a solid 19% improvement, helping your property attract more interest and command higher potential sale prices. Upgrading creates a fresh, desirable living space that resonates with buyers and renters alike. With better rental potential and increased market appeal, this investment effectively refreshes your property’s position, offering both lifestyle benefits and long-term value.
Value Add
$16K
Appreciation
$908
Post Typical Renovation
Buy-Rehab-Rent
This property shows strong BRR potential with a post-renovation value reaching $100,000. Renovations generate significant equity uplift, moving the value beyond the baseline of $79,000 and creating a solid foundation for long-term wealth growth. Strong rental demand supports a monthly income of $1,756, driving an impressive 22.1% yield. These numbers suggest this asset delivers reliable cash flow and a healthy return on investment for a focused real estate portfolio.
Rental Income
$21K
Yield
22.1%
Appreciation
$908
Year 1 Estimates, Post Typical Renovation
Estimated value
—
43 Wheeler Ave, Baltimore Investment Report: Flip & Rental Analysis · Frontflip