1002 West Ct #1LaurelMD20707




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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 Laurel at 1002 West Ct #1, Laurel, MD, 20707 generates $2,377/mo in rent and, after a $1,135/mo payment, leaves $760/mo in cash flow. Total monthly income is $2,377/mo, and annual cash flow is $9,118/yr on $76,842 invested. Return on cash invested sits at 31.78% in year one, and rental yield is 12.31% on a $231,800 entry. Equity gained on principal adds $1,496/yr, while 5% annual appreciation builds toward $64,042 over five years. Five-year ROI reaches 167.5% and total cumulative return in cash sums $128,708. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,377/mo property income rather than buyer’s personal income.
Condo
Built in 1992
3,044 sqft lot
$N/A/sqft
$175 monthly 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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