11308 Old Carriage RdGlen ArmMD21057
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 11308 Old Carriage Rd, Glen Arm, MD, 21057 in Glen Arm: $5,393/mo in rent, $486/mo in net income, 8.2% gross yield, 1.52 DSCR, all at $789,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $217,986 in appreciation and $7,267/yr in principal paydown projects total cumulative return of $330,547.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $486 | $450 |
City averages based on Glen Arm market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,393 |
| Total Monthly Debt Service | $4,593 |
| DSCR Ratio | 1.17x |
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.
Single Family
Built in 1966
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21057, Glen Arm, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,704 (100%) |
| Owner Occupied HU | 1,417 (83.2%) |
| Renter Occupied HU | 198 (11.6%) |
| Vacant Housing Units | 89 ( 5.2%) |
| Median Home Value | $622,198 |
| Average Home Value | $663,961 |
Housing Distribution
Address Breakdown
Residential
1,608
Single Family
1,435
Multi-Family
173
Businesses
91
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
Single Family
Built in 1966
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21057, Glen Arm, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,704 (100%) |
| Owner Occupied HU | 1,417 (83.2%) |
| Renter Occupied HU | 198 (11.6%) |
| Vacant Housing Units | 89 ( 5.2%) |
| Median Home Value | $622,198 |
| Average Home Value | $663,961 |
Housing Distribution
Address Breakdown
Residential
1,608
Single Family
1,435
Multi-Family
173
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices