480 West Court, Glen Burnie, MD, 21061 | $236/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1024 sft

4039 Saint Augustine Ln, Baltimore, MD, 21222

3 Bed
2 Bath
1408 sft

1548 Williams Ave, Essex, MD, 21221

3 Bed
2 Bath
1324 sft

1029 Stamford Rd, Baltimore, MD, 21229

3 Bed
4 Bath
1867 sft

635 N Rosedale St, Baltimore, MD, 21216

Nearby investment properties with comparable prices

3 Bed
2 Bath
1324 sft

2134 Redthorn Rd, Middle River, MD, 21220

3 Bed
2 Bath
1212 sft

8639 Black Oak Rd, Baltimore, MD, 21234

4 Bed
4 Bath
1428 sft

2610 Denison St, Baltimore, MD, 21216

3 Bed
3 Bath
1783 sft

1218 N Bond St, Baltimore, MD, 21213

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Glen Burnie at 480 West Court, Glen Burnie, MD, 21061 with 5% annual appreciation on a $274,820 basis while $1,945/mo rent supports operations. Total monthly income totals $1,945/mo and a $1,345/mo payment preserves $236/mo for cash returns. Annual cash flow comes to $2,830/yr on $91,103 deployed, and return on cash invested reaches 23.02% in year one. Equity gained on principal adds $1,773/yr, and five-year appreciation sums $75,928 alongside rental yield of 8.49%. Five-year ROI measures 119.54% and total cumulative return in cash totals $108,902.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,945/mo property income versus a $1,345/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

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