15020 Cherrywood Dr #6M, Laurel, MD, 20707 | $792/mo Cash Flow

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

Rental property for sale in Laurel at 15020 Cherrywood Dr #6M, Laurel, MD, 20707 generates $3,025/mo in rent and, after a $1,757/mo payment, leaves $792/mo in cash flow. Total monthly income is $3,025/mo, and annual cash flow is $9,510/yr on $118,975 invested. Return on cash invested sits at 27.9% in year one, and rental yield is 10.11% on a $358,900 entry. Equity gained on principal adds $2,316/yr, while 5% annual appreciation builds toward $99,157 over five years. Five-year ROI reaches 145.75% and total cumulative return in cash sums $173,412. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,025/mo property income rather than buyer’s personal income.

Townhouse

Built in 1980

N/A 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