625 Newfield 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
Rental property for sale in Glen Burnie at 625 Newfield Rd, Glen Burnie, MD, 21061 priced at $390,000 pairs $3,043/mo rent with $617/mo cash flow after a $1,909/mo payment. Total monthly income equals $3,043/mo, and annual cash flow comes to $7,407/yr on $129,285 invested. Return on cash invested is 25.64% in year one, and rental yield stands at 9.36% on a $390,000 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 133.64% and total cumulative return in cash reaches $172,772. For financing, Ziffy Mortgage’s DSCR program evaluates $3,043/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
8,700 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: Christine Leonard • Redfin Corp
Mls Name: Bright MLS
Mls ID: #MDAA2121914