11375 Harding RdLaurelMD20723
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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 11375 Harding Rd, Laurel, MD, 20723 generates $4,083/mo in rent, after a $5,629/mo payment. Total monthly income is $4,083/mo. Return on cash invested sits at 10.48% in year one, and rental yield is 4.26% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 52.25% and total cumulative return in cash sums $194,673. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,083/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20723, Laurel, MD area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,625
Single Family
11,672
Multi-Family
953
Businesses
375
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