208 Spring Maiden Ct UNIT 101, Glen Burnie, MD, 21060 | $742/mo Cash Flow

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208 Spring Maiden Ct UNIT 101, Glen Burnie, MD, 21060 | $742/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Glen Burnie at 208 Spring Maiden Ct UNIT 101, Glen Burnie, MD, 21060 uses $81,218 cash to close to unlock $8,909/yr annual cash flow and $742/mo monthly cash flow. Total monthly income runs $2,266/mo, and a $1,199/mo payment keeps the spread at $742/mo. Purchase price stands at $245,000, and rental yield measures 11.1% with $2,266/mo rent. Return on cash invested shows 30.88% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 161.71% and total cumulative return in cash records $131,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,266/mo property income covering a $1,199/mo payment rather than investor’s personal income.

Condo

Built in 1999

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this updated 2-bedroom, 2-bath condo located in the heart of Glen Burniejust minutes from major thoroughfares, shopping centers, grocery stores, and dining options. Step inside to discover brand-new vinyl flooring throughout, providing both style and durability. The inviting living area features a cozy fireplace, perfect for relaxing evenings and creating a warm, welcoming atmosphere. The primary suite includes a custom-designed walk-in closet for optimal organization and a recently remodeled en-suite bathroom with modern finishes. Additional upgrades include new windows and a sliding patio door that fills the space with natural light and leads to your private outdoor area. Dont miss this turnkey home that combines comfort, convenience, and stylish livingall in a prime location!