1008 Cold Bottom RdSparks GlencoeMD21152
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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 Sparks Glencoe at 1008 Cold Bottom Rd, Sparks Glencoe, MD, 21152 uses $197,071 cash to close to unlock $1,132/yr annual cash flow and $94/mo monthly cash flow. Total monthly income runs $3,820/mo, and a $2,932/mo payment keeps the spread at $94/mo. Purchase price stands at $599,000, and rental yield measures 7.65% with $3,820/mo rent. Return on cash invested shows 20.63% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 106.75% and total cumulative return in cash records $210,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,820/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1985
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21152, Sparks Glencoe, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,515 (100%) |
| Owner Occupied HU | 1,873 (74.5%) |
| Renter Occupied HU | 535 (21.3%) |
| Vacant Housing Units | 107 ( 4.3%) |
| Median Home Value | $525,689 |
| Average Home Value | $664,610 |
Housing Distribution
Address Breakdown
Residential
2,479
Single Family
1,789
Multi-Family
690
Businesses
198
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Listed by: Kelley Dunn-Feliz • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDBC2149556