11 Old Forge GarthSparks 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 11 Old Forge Garth, Sparks Glencoe, MD, 21152 earns $339/mo cash flow from $3,511/mo rent with a $2,496/mo payment. Total monthly income totals $3,511/mo, and annual cash flow totals $4,071/yr on $167,790 capital. ROI tracks 22.49% on current figures, and rental yield reads 8.26% at a $510,000 purchase. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,904 over five years. Five-year ROI reaches 116.69% and total cumulative return in cash sums $195,795. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,511/mo property income instead of your personal income.
Townhouse
Built in 1991
3,750 sqft 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: Hezeldee Klinger • Redfin Corp
Mls Name: Bright MLS
Mls ID: #MDBC2144544