15615 Dorset Rd APT 102, Laurel, MD, 20707 | $146/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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15615 Dorset Rd APT 102, Laurel, MD, 20707 | $146/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 15615 Dorset Rd APT 102, Laurel, MD, 20707 uses $78,897 cash to close to unlock $1,748/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,626/mo, and a $1,165/mo payment keeps the spread at $146/mo. Purchase price stands at $238,000, and rental yield measures 8.2% with $1,626/mo rent. Return on cash invested shows 22.12% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 114.79% and total cumulative return in cash records $90,562. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,626/mo property income covering a $1,165/mo payment rather than investor’s personal income.

Condo

Built in 1982

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious & Stylish 2BR/2BA Condo With Many Updates & Move-In Ready! Dont miss this beautifully updated and move-in ready 2-bedroom, 2-bath condo offering a perfect blend of comfort, style, and convenience. With fresh paint throughout, plank flooring and new carpet, this home is ready for you to move right in and enjoy! The open floor plan is flooded with natural light and features a large living and dining area that opens to a spacious private balconyperfect for morning coffee or evening relaxation. The unit includes a newer HVAC system and hot water heater for peace of mind. Additional perks include a private storage, ample closet space, and pet-friendly policiesall within a well-maintained community offering tot lots, picnic and grilling areas, and a sparkling pool. Ideally located just minutes from shopping, dining, entertainment, and major transportation routes, this home offers exceptional value and lifestyle. Act fastunits in this community dont last long! Schedule your tour today and make this gem yours before it's gone!

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