350 Gatewater Ct Unit 301Glen BurnieMD21060
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 350 Gatewater Ct Unit 301, Glen Burnie, MD, 21060 in Glen Burnie is narrow, $102/mo net on $1,868/mo rent after the $1,043/mo debt service, but the property operates at break-even-plus, not a loss. At $220,000 with a 10.19% yield, the long-run equity case via 5% appreciation ($60,782 over five years) and $1,844/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.79 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $111,488.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.8% |
| Monthly Cash Flow | $102 | $350 |
City averages based on Glen Burnie market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,868 |
| Total Monthly Debt Service | $1,334 |
| DSCR Ratio | 1.40x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1975
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDAA2156102
