219 Sweetbay LnLaurelMD20724
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 219 Sweetbay Ln, Laurel, MD, 20724 in Laurel worth modelling. At $600,000 with a 8.1% gross yield, the $4,051/mo rent leaves $101/mo after the $2,698/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.50 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $165,769 by year five; $5,526/yr in principal reduction adds further equity. Total projected return: $248,132.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.2% |
| Monthly Cash Flow | $101 | $1,850 |
City averages based on Laurel market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,051 |
| Total Monthly Debt Service | $3,493 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2020
2,160 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2020
2,160 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices