6503 Home Water Way UNIT 302, Glen Burnie, MD, 21060 | $154/mo Cash Flow

For Sale

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

Investment property for sale in Glen Burnie at 6503 Home Water Way UNIT 302, Glen Burnie, MD, 21060 uses $87,848 cash to close to unlock $1,846/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,802/mo, and a $1,297/mo payment keeps the spread at $154/mo. Purchase price stands at $265,000, and rental yield measures 8.16% with $1,802/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 114.15% and total cumulative return in cash records $100,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,802/mo property income covering a $1,297/mo payment rather than investor’s personal income.

Condo

Built in 1999

N/A lot

$N/A/sqft

No HOA