380 CourtGlen BurnieMD21061
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
Investment Highlights
Rental property for sale in Glen Burnie at 380 Court, Glen Burnie, MD, 21061 priced at $200,000 converts $1,423/mo rent into $179/mo cash flow after a $979/mo obligation. Total monthly income equals $1,423/mo, and annual cash flow totals $2,148/yr on $66,300 invested. Return on cash invested prints 23.15% in year one, and rental yield reads 8.54% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 120.25% and total cumulative return in cash sums $79,724. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,423/mo property income covering a $979/mo payment, not borrower’s personal income.
Townhouse
Built in 1975
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teal Clise • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDAA2125454