🏡 Prime Section 8 Occupied Home in Dundalk: $1733/mth Income! 💰
Seize this opportunity to acquire a robust, income-generating investment property. This row-house in Dundalk is currently occupied by a stable Section 8 tenant, delivering a consistent $1,733 per month in rental revenue. A significant portion of this income ($1446/mth) is reliably covered by the housing assistance program, ensuring a dependable and steady cash flow. Offered at $149,900, this property is designed for investors seeking solid returns and minimal vacancy risk. 📈
Key Investment Highlights:
- Immediate Income: Step into a property with an established, reliable tenant already in place, guaranteeing revenue from day one. 🗓️
- Reduced Risk: The substantial rental contribution from the Section 8 program significantly lessens typical tenant payment concerns, ensuring a consistent and predictable income stream. ✅
Why Invest Here?
- 🤝 Benefit from exceptionally low vacancy rates thanks to a stable, long-term tenancy.
- 💻 Streamline your investment returns with a consistent and trustworthy income source ($1446/mth program paid).
- 🏘️ Capitalize on the strong demand for affordable housing in the Baltimore metropolitan area.
- 💼 Expand your real estate portfolio with an accessible, high-performing asset.
- 🚀 Secure an appreciating property that builds long-term wealth.
- 📊Impressive Capitalization Rate: Boasting a strong 9.35% Capitalization Rate after all expenses, this property offers a compelling return on your investment.
Dundalk: A Strategic Location for Investors 📍
Dundalk, Maryland, presents a highly favorable environment for real estate investment, particularly within the rental sector. Here’s why it stands out as a strategic advantage:
- 📊 Consistent Rental Market: Situated conveniently close to Baltimore City, Dundalk offers more accessible property prices (average home value around $224,269 as of May 2025), which fuels a robust demand for rental units. This attracts individuals and families seeking quality housing near urban centers without the higher costs. The average rent for a 2-bedroom home in Dundalk is approximately $1,737 per month (as of June 2025 data), making this Section 8 property’s $1,733/month rent exceptionally competitive and indicative of strong cash flow. 📊
- 🏭 Economic Stability & Employment Hub: Dundalk’s strategic position near the Port of Baltimore — a significant economic driver — provides robust economic stability. The area offers convenient access to a variety of major employers, including Johns Hopkins Hospital, Amazon distribution centers, and diverse industries throughout Baltimore County. This thriving job market ensures a steady pool of prospective tenants, including those utilizing housing assistance programs like Section 8. 🏭
- 🛣️ Exceptional Connectivity: Dundalk benefits from a superb transportation network, with direct access to major interstates such as I-95 and I-695. This connectivity is highly attractive to commuters and significantly boosts its desirability for renters. The Dundalk Marine Terminal, a key component of the Port of Baltimore, acts as a vital hub for vehicle logistics and cargo, further solidifying the region’s economic importance. 🛣️
- 🌳 Stable Community Environment: Dundalk fosters a close-knit, community-focused atmosphere, complete with family-friendly parks and picturesque waterfront areas. A stable community not only enhances the quality of life but also contributes positively to tenant retention, simplifying property management for landlords. 🌳
- 🏡 Addressing Housing Needs: With a median household income of $62,349 (2023 data), there is a significant and sustained need for affordable housing options in Dundalk. Properties like this Section 8 occupied rental directly meet this demand, ensuring a wide and consistent tenant base. 🏡
Investing in Dundalk means entering a market characterized by inherent stability, driven by strong rental demand, a strategic geographical position, and established economic foundations.
