1202 Patuxent Greens DrLaurelMD20708
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 1202 Patuxent Greens Dr, Laurel, MD, 20708 in Laurel is narrow, $102/mo net on $3,821/mo rent after the $2,680/mo debt service, but the property operates at break-even-plus, not a loss. At $595,900 with a 7.69% yield, the long-run equity case via 5% appreciation ($164,636 over five years) and $5,488/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.43 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $233,418.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 5.2% |
| Monthly Cash Flow | $102 | $1,850 |
City averages based on Laurel market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,821 |
| Total Monthly Debt Service | $3,469 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2023
2,021 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,111
Single Family
4,937
Multi-Family
6,174
Businesses
232
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
Townhouse
Built in 2023
2,021 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,111
Single Family
4,937
Multi-Family
6,174
Businesses
232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices