615 Carolyn Rd, Glen Burnie, MD, 21061 | $990/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Glen Burnie at 615 Carolyn Rd, Glen Burnie, MD, 21061 priced at $400,000 converts $3,478/mo rent into $990/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,478/mo, and annual cash flow totals $11,880/yr on $132,600 invested. Return on cash invested prints 28.87% in year one, and rental yield reads 10.43% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 150.92% and total cumulative return in cash sums $200,116. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,478/mo property income covering a $1,958/mo payment, not borrower’s personal income.

Single Family

Built in 1956

6,200 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