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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in North East at 2 Laurel Way, North East, MD, 21901 generates $2,693/mo in rent and, after a $2,105/mo payment, leaves $18/mo in cash flow. Total monthly income is $2,693/mo, and annual cash flow is $219/yr on $142,545 invested. Return on cash invested sits at 20.06% in year one, and rental yield is 7.52% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 103.72% and total cumulative return in cash sums $147,855. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,693/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 21901, North East, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,213 (100%) |
| Owner Occupied HU | 5,121 (62.4%) |
| Renter Occupied HU | 2,190 (26.7%) |
| Vacant Housing Units | 902 (11.0%) |
| Median Home Value | $395,977 |
| Average Home Value | $418,006 |
Residential
7,934
Single Family
7,364
Multi-Family
570
Businesses
460
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Sold | $430,000 |
| 2025-06-10 | Pending sale | $430,000 |
| 2025-05-20 | Listed for sale | $430,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-07 | N/A | N/A | $253,233 | 6.01% |
| 2024-10-07 | $2614.16 | 5.44% | $238,867 | 6.40% |
| 2023-10-07 | $2479.38 | -0.83% | $224,500 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
