214 Saint James DrGlen 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 214 Saint James Dr, Glen Burnie, MD, 21061 earns $260/mo cash flow from $2,188/mo rent with a $1,517/mo payment. Total monthly income totals $2,188/mo, and annual cash flow totals $3,123/yr on $102,762 capital. ROI tracks 22.95% on current figures, and rental yield reads 8.47% at a $309,990 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,645 over five years. Five-year ROI reaches 119.22% and total cumulative return in cash sums $122,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,188/mo property income instead of your personal income.
Single Family
Built in 1956
0.32 Acres 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: Dennis Young • Real Broker, LLC - Annapolis
Mls Name: Bright MLS
Mls ID: #MDAA2135132