1001 Nancy RdGlen BurnieMD21061
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Glen Burnie at 1001 Nancy Rd, Glen Burnie, MD, 21061 uses $139,064 cash to close to unlock $15,158/yr annual cash flow and $1,263/mo monthly cash flow. Total monthly income runs $3,872/mo, and a $2,053/mo payment keeps the spread at $1,263/mo. Purchase price stands at $419,500, and rental yield measures 11.08% with $3,872/mo rent. Return on cash invested shows 30.81% in year one, and 5% annual appreciation builds toward $115,900 over five years. Five-year ROI reaches 161.36% and total cumulative return in cash records $224,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,872/mo property income covering a $2,053/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,174 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21061, Glen Burnie, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,421 (100%) |
| Owner Occupied HU | 12,136 (51.8%) |
| Renter Occupied HU | 10,196 (43.5%) |
| Vacant Housing Units | 1,089 ( 4.6%) |
| Median Home Value | $369,670 |
| Average Home Value | $442,149 |
Housing Distribution
Address Breakdown
Residential
22,152
Single Family
15,473
Multi-Family
6,679
Businesses
1,803
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Listed by: Adam Bolshaw • RE/MAX Components
Mls Name: Bright MLS
Mls ID: #MDAA2133206