114 Glyndon DrReisterstownMD21136
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
Rental property for sale in Reisterstown at 114 Glyndon Dr, Reisterstown, MD, 21136 offers $2,199/mo rent that, after a $1,512/mo payment, leaves $278/mo cash flow. Total monthly income is $2,199/mo, and annual cash flow is $3,331/yr on $102,434 cash. Return on cash invested measures 23.16% in year one, and rental yield stands at 8.54% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 120.33% and total cumulative return in cash reaches $123,257. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,199/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
10,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21136, Reisterstown, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,998 (100%) |
| Owner Occupied HU | 9,995 (71.4%) |
| Renter Occupied HU | 3,338 (23.8%) |
| Vacant Housing Units | 665 ( 4.8%) |
| Median Home Value | $462,618 |
| Average Home Value | $529,704 |
Housing Distribution
Address Breakdown
Residential
13,666
Single Family
11,277
Multi-Family
2,389
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ira Klein • Pickwick Realty
Mls Name: Bright MLS
Mls ID: #MDBC2149024