11408 Laurelwalk Dr #109, Laurel, MD, 20708 | $238/mo Cash Flow

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11408 Laurelwalk Dr #109, Laurel, MD, 20708 | $238/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Laurel at 11408 Laurelwalk Dr #109, Laurel, MD, 20708 offers a 8.5% rental yield on a $275,000 purchase with $1,948/mo rent. Total monthly income registers $1,948/mo, and a $1,346/mo payment leaves $238/mo available for distribution. Annual cash flow reaches $2,852/yr on $91,163 to close, and return on cash invested stands at 23.04% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 119.67% and total cumulative return in cash at $109,091. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,948/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1973

N/A lot

$N/A/sqft

No HOA

More details about the property

*MORE PHOTOS COMING SOON* Come enjoy this beautifully maintained condo-townhome style home located in the heart of Laurel - Prince George's County, MD! Nested in the established Applewalk community, this home offers three spacious bedrooms, an oversized bright family room with a large picture window and a spacious kitchen with a breakfast bar and built-in microwave. Brand new dishwasher being installed! This home also has a newer HVAC system and updated light fixtures. Newly installed luxury vinyl plank flooring throughout the home for a seamless modern look and feel. The home also features a separate living room and dining space, two balconies and a welcoming front porch! The upper-level full bath is nicely updated featuring dual sinks and a large vanity for storage. The primary bedroom is very large and offers ample closet space in addition to having its own separate balcony. The additional two bedrooms feature nice closet space and beautiful LVP flooring. Outside storage on the balcony - great for seasonal item storage. Beautiful play areas, sitting benches and walk/jog trails throughout the community. Minutes from and within walking distance to S Laurel Recreational Park. Conveniently located to local and major highways (I-95/495, 295/BWI Parkway, I-97, US-50, Crain Hwy/301, Rt 197). Accessible to military installations (Andrews AFB, Ft Meade, Bolling AFB) and major airports (National, BWI). Commutable to metro, park and ride, bus stops, universities, schools, Laurel recreational parks, eateries, shopping, sporting and entertainment venues, Bowie Town Centre, Laurel-Racetrack, historic Bowie, National Harbor, Washington, DC, Union Market, Northern VA, Annapolis and Baltimore. Schedule a tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20708, Laurel, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,988 (100%)
Owner Occupied HU	4,061 (37.0%)
Renter Occupied HU	6,348 (57.8%)
Vacant Housing Units	579 ( 5.3%)
Median Home Value	$466,362
Average Home Value	$489,935