14119 Bowsprit Ln APT 312, Laurel, MD, 20707 | $311/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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14119 Bowsprit Ln APT 312, Laurel, MD, 20707 | $311/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 14119 Bowsprit Ln APT 312, Laurel, MD, 20707 uses $59,670 cash to close to unlock $3,726/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $1,430/mo, and a $881/mo payment keeps the spread at $311/mo. Purchase price stands at $180,000, and rental yield measures 9.53% with $1,430/mo rent. Return on cash invested shows 26.15% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 136.4% and total cumulative return in cash records $81,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,430/mo property income covering a $881/mo payment rather than investor’s personal income.

Condo

Built in 1989

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this 1-bedroom, 1-bath condo with a spacious loft! This property features a fireplace, wood flooring, and a combined living room and dining room. The kitchen is fully equipped with an electric stove, refrigerator, built-in microwave, dishwasher, and pantry. There is a stackable washer/dryer unit enclosed in the kitchen area. The loft can be used as an office, den, or sleeping quarters, and there's extra storage on the upper level.

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