1121 Nottingham DrGlen BurnieMD21061
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
Investment Highlights
Investment property for sale in Glen Burnie at 1121 Nottingham Dr, Glen Burnie, MD, 21061 listed at $450,000 pairs $3,584/mo rent with a $2,203/mo payment to leave $785/mo cash flow. Total monthly income runs $3,584/mo, and annual cash flow reaches $9,417/yr on $149,175 cash to close. Return on cash invested measures 26.22% in year one, and rental yield registers 9.56% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 136.73% and total cumulative return in cash totals $203,970. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,584/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
10,050 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pasquale Carannante • RE/Max Experience
Mls Name: Bright MLS
Mls ID: #MDAA2133488