208 Spring Maiden Ct UNIT 101Glen BurnieMD21060
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 208 Spring Maiden Ct UNIT 101, Glen Burnie, MD, 21060 in Glen Burnie speaks for itself: 11.1% gross on a $245,000 price, generating $2,266/mo in rent and $742/mo in net income after the $1,102/mo debt service. DSCR 2.06, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,902 stacks alongside $67,689 in projected five-year appreciation and $2,256/yr in principal reduction. Projected total cumulative return: $140,692.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.8% |
| Monthly Cash Flow | $742 | $350 |
City averages based on Glen Burnie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,266 |
| Total Monthly Debt Service | $1,426 |
| DSCR Ratio | 1.59x |
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.
Condo
Built in 1999
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
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim McBride • RLAH @properties
Mls Name: Bright MLS
Mls ID: #MDAA2118670