2 Woods AveGlen BurnieMD21061
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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
Investment Highlights
Investment property for sale in Glen Burnie at 2 Woods Ave, Glen Burnie, MD, 21061 with 5% annual appreciation on a $315,000 basis while $2,875/mo rent supports operations. Total monthly income totals $2,875/mo and a $1,542/mo payment preserves $916/mo for cash returns. Annual cash flow comes to $10,987/yr on $104,423 deployed, and return on cash invested reaches 30.43% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 10.95%. Five-year ROI measures 159.33% and total cumulative return in cash totals $166,373.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,875/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
6,600 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
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Listed by: Adam Chubbuck • Douglas Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDAA2131994