102 Fernglen AveGlen BurnieMD21061
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Nearby investment properties with comparable prices
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 102 Fernglen Ave, Glen Burnie, MD, 21061 at $379,900 posts ROI 24.02% with $432/mo cash flow from $2,794/mo rent. Total monthly income equals $2,794/mo, and annual cash flow records $5,180/yr on $125,937 to close. Return on cash invested measures 24.02% and rental yield reads 8.83% at the current $379,900. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 by year five. Five-year ROI prints 124.94% and total cumulative return in cash totals $157,349.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,794/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
9,975 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: Denise Curtiss • Century 21 Don Gurney
Mls Name: Bright MLS
Mls ID: #MDAA2135298