1121 Castle Harbour Way UNIT 1BGlen BurnieMD21060
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1121 Castle Harbour Way UNIT 1B, Glen Burnie, MD, 21060 in Glen Burnie earns its strong cash-flow label: 10.69% yield, $2,005/mo rent, $606/mo net income, DSCR 1.98. The $225,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $62,163 by year five. Combined with $2,072/yr in principal paydown, total projected return reaches $124,308.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.8% |
| Monthly Cash Flow | $606 | $350 |
City averages based on Glen Burnie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,005 |
| Total Monthly Debt Service | $1,310 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1984
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Apartment
Built in 1984
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Smith • RE/MAX Executive
Mls Name: Bright MLS
Mls ID: #MDAA2125630