565 Glendale Rd #312OaklandMD21550
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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
Rental property for sale in Oakland at 565 Glendale Rd #312, Oakland, MD, 21550 generates $1,573/mo in rent and, after a $1,121/mo payment, leaves $149/mo in cash flow. Total monthly income is $1,573/mo, and annual cash flow is $1,783/yr on $75,914 invested. Return on cash invested sits at 22.26% in year one, and rental yield is 8.24% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 115.5% and total cumulative return in cash sums $87,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,573/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21550, Oakland, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,200 (100%) |
| Owner Occupied HU | 4,452 (54.3%) |
| Renter Occupied HU | 1,331 (16.2%) |
| Vacant Housing Units | 2,417 (29.5%) |
| Median Home Value | $269,200 |
| Average Home Value | $353,393 |
Housing Distribution
Address Breakdown
Residential
6,713
Single Family
6,415
Multi-Family
298
Businesses
688
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