2509 Hobbs RdGlenwoodMD21738
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2509 Hobbs Rd, Glenwood, MD, 21738 in Glenwood speaks for itself: 10.46% gross on a $375,000 price, generating $3,270/mo in rent and $938/mo in net income after the $1,686/mo debt service. DSCR 1.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,252 stacks alongside $103,606 in projected five-year appreciation and $3,454/yr in principal reduction. Projected total cumulative return: $202,640.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 5.0% |
| Monthly Cash Flow | $938 | $1,200 |
City averages based on Glenwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,270 |
| Total Monthly Debt Service | $2,183 |
| DSCR Ratio | 1.50x |
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.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21738, Glenwood, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,065 (100%) |
| Owner Occupied HU | 992 (93.1%) |
| Renter Occupied HU | 44 ( 4.1%) |
| Vacant Housing Units | 29 ( 2.7%) |
| Median Home Value | $1,041,667 |
| Average Home Value | $1,073,916 |
Housing Distribution
Address Breakdown
Residential
1,087
Single Family
1,087
Multi-Family
0
Businesses
118
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
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21738, Glenwood, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,065 (100%) |
| Owner Occupied HU | 992 (93.1%) |
| Renter Occupied HU | 44 ( 4.1%) |
| Vacant Housing Units | 29 ( 2.7%) |
| Median Home Value | $1,041,667 |
| Average Home Value | $1,073,916 |
Housing Distribution
Address Breakdown
Residential
1,087
Single Family
1,087
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices