208 Water Fountain Ct Unit 103Glen BurnieMD21060
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Glen Burnie rental at 208 Water Fountain Ct Unit 103, Glen Burnie, MD, 21060 sits in the solid-income band: 11.55% gross yield, $2,358/mo rent, $464/mo net after the $1,101/mo debt service, DSCR 2.14. Entry price of $244,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $67,661 and $2,256/yr in principal reduction bring total cumulative return to $146,659.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.8% |
| Monthly Cash Flow | $464 | $350 |
City averages based on Glen Burnie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,358 |
| Total Monthly Debt Service | $1,426 |
| DSCR Ratio | 1.65x |
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: Mike Burch • Century 21 Redwood Realty
Mls Name: Bright MLS
Mls ID: #MDAA2134232