12124 Running Bull WayLaurelMD20708
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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 12124 Running Bull Way, Laurel, MD, 20708 generates $3,095/mo in rent, after a $3,020/mo payment. Total monthly income is $3,095/mo. Return on cash invested sits at 15.67% in year one, and rental yield is 6.02% on a $617,066 entry. Equity gained on principal adds $3,982/yr, while 5% annual appreciation builds toward $170,484 over five years. Five-year ROI reaches 80.13% and total cumulative return in cash sums $162,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,095/mo property income rather than buyer’s personal income.
Townhouse
Built in N/A
1,560 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
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