505 Baylor RdGlen 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 505 Baylor Rd, Glen Burnie, MD, 21061 uses $157,463 cash to close to unlock $2,299/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $3,146/mo, and a $2,325/mo payment keeps the spread at $192/mo. Purchase price stands at $475,000, and rental yield measures 7.95% with $3,146/mo rent. Return on cash invested shows 21.37% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 110.71% and total cumulative return in cash records $174,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,146/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1958
6,500 sqft 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: Karolina Stasiukiewicz • Cummings & Co. Realtors
Mls Name: Bright MLS
Mls ID: #MDAA2125604