1002 7th StLaurelMD20707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Laurel at 1002 7th St, Laurel, MD, 20707 earns $561/mo cash flow from $3,048/mo rent with a $1,957/mo payment. Total monthly income totals $3,048/mo, and annual cash flow totals $6,734/yr on $132,567 capital. ROI tracks 24.99% on current figures, and rental yield reads 9.15% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 130.15% and total cumulative return in cash sums $172,532. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,048/mo property income instead of your personal income.
Single Family
Built in 1951
6,723 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20707, Laurel, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,875 (100%) |
| Owner Occupied HU | 8,466 (53.3%) |
| Renter Occupied HU | 6,620 (41.7%) |
| Vacant Housing Units | 789 ( 5.0%) |
| Median Home Value | $507,151 |
| Average Home Value | $561,046 |
Housing Distribution
Address Breakdown
Residential
15,719
Single Family
9,632
Multi-Family
6,087
Businesses
1,314
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