211 Narrowleaf WayLaurelMD20724
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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
Rental property for sale in Laurel at 211 Narrowleaf Way, Laurel, MD, 20724 priced at $510,000 pairs $3,910/mo rent with $738/mo cash flow after a $2,496/mo payment. Total monthly income equals $3,910/mo, and annual cash flow comes to $8,859/yr on $167,790 invested. Return on cash invested is 25.34% in year one, and rental yield stands at 9.2% on a $510,000 basis. Equity gained on principal adds $3,291/yr, and 5% annual appreciation accumulates to $140,904 by year five. Five-year ROI measures 131.99% and total cumulative return in cash reaches $221,463. For financing, Ziffy Mortgage’s DSCR program evaluates $3,910/mo property income against a $2,496/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2021
1,470 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20724, Laurel, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,240 (100%) |
| Owner Occupied HU | 4,862 (59.0%) |
| Renter Occupied HU | 3,091 (37.5%) |
| Vacant Housing Units | 287 ( 3.5%) |
| Median Home Value | $414,441 |
| Average Home Value | $419,801 |
Housing Distribution
Address Breakdown
Residential
7,400
Single Family
4,761
Multi-Family
2,639
Businesses
219
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