1110 Castle Harbour Way UNIT 2A, Glen Burnie, MD, 21060 | $107/mo Cash Flow

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1110 Castle Harbour Way UNIT 2A, Glen Burnie, MD, 21060 | $107/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Glen Burnie at 1110 Castle Harbour Way UNIT 2A, Glen Burnie, MD, 21060 listed at $225,000 pairs $1,506/mo rent with a $1,101/mo payment to leave $107/mo cash flow. Total monthly income runs $1,506/mo, and annual cash flow reaches $1,282/yr on $74,588 cash to close. Return on cash invested measures 21.63% in year one, and rental yield registers 8.03% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 112.1% and total cumulative return in cash totals $83,613. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,506/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Move-in ready 2BR/2BA Condominium located in the quiet community of Castle Harbor Condo. Parking is just steps from the main entrance into a secure building and the door into your new home. Make your way to the second floor and step into a home filled with natural light and tons of living space. The main living area consists of a large living room with a wood burning fireplace, dining area with sliding glass doors to a cozy balcony overlooking the community, and a kitchen. The kitchen offers plenty of cabinets and counter space, and stainless steel appliances with granite counter tops. Down the hall is a laundry closet, a full bath, a sizable secondary bedroom, and a large primary bedroom with a walk-in closet and a full bath with a walk-in shower. This home is move-in ready with so much to offer new homeowners and is located in a community with amenities such as a picnic area and a community pool. Imagine all this and in close proximity to shopping, restaurants, and commuter routes.