1009 Turney AveLaurelMD20707
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 1009 Turney Ave, Laurel, MD, 20707 uses $130,943 cash to close to unlock $9,908/yr annual cash flow and $826/mo monthly cash flow. Total monthly income runs $3,282/mo, and a $1,933/mo payment keeps the spread at $826/mo. Purchase price stands at $395,000, and rental yield measures 9.97% with $3,282/mo rent. Return on cash invested shows 27.48% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 143.46% and total cumulative return in cash records $187,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,282/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1959
6,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices