15009 Courtland PlLaurelMD20707
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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
Investment property for sale in Laurel at 15009 Courtland Pl, Laurel, MD, 20707 uses $145,694 cash to close to unlock $9,920/yr annual cash flow and $827/mo monthly cash flow. Total monthly income runs $3,560/mo, and a $2,151/mo payment keeps the spread at $827/mo. Purchase price stands at $439,500, and rental yield measures 9.72% with $3,560/mo rent. Return on cash invested shows 26.72% in year one, and 5% annual appreciation builds toward $121,426 over five years. Five-year ROI reaches 139.4% and total cumulative return in cash records $203,097. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,560/mo property income covering a $2,151/mo payment rather than investor’s personal income.
Townhouse
Built in 1987
1,700 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,719
Single Family
9,632
Multi-Family
6,087
Businesses
1,314
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