6413 Glittering Light LnClarksvilleMD21029
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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 Clarksville at 6413 Glittering Light Ln, Clarksville, MD, 21029 generates $3,946/mo in rent, after a $5,139/mo payment. Total monthly income is $3,946/mo. Return on cash invested sits at 11.25% in year one, and rental yield is 4.51% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 56.37% and total cumulative return in cash sums $191,777. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,946/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
9,034 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21029, Clarksville, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,906 (100%) |
| Owner Occupied HU | 3,600 (92.2%) |
| Renter Occupied HU | 268 ( 6.9%) |
| Vacant Housing Units | 38 ( 1.0%) |
| Median Home Value | $914,306 |
| Average Home Value | $982,043 |
Housing Distribution
Address Breakdown
Residential
4,101
Single Family
3,887
Multi-Family
214
Businesses
264
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Listed by: Blake James • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDHW2062656