








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Laurel at 10026 American Pharoah Way #93, Laurel, MD, 20723 offers a 9.05% rental yield on a $400,000 purchase with $3,018/mo rent. Total monthly income registers $3,018/mo, and a $1,958/mo payment leaves $530/mo available for distribution. Annual cash flow reaches $6,360/yr on $132,600 to close, and return on cash invested stands at 24.71% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 128.59% and total cumulative return in cash at $170,512. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,018/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 20723, Laurel, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,147 (100%) |
| Owner Occupied HU | 9,241 (70.3%) |
| Renter Occupied HU | 3,620 (27.5%) |
| Vacant Housing Units | 286 ( 2.2%) |
| Median Home Value | $631,141 |
| Average Home Value | $669,338 |
Residential
12,625
Single Family
11,672
Multi-Family
953
Businesses
375
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lauren Shapiro • Long & Foster Real Estate, Inc.
Mls Name: Long & Foster Broker Feed
Mls ID: #MDHW2057350