27 Laurel Path Ct #6, Nottingham, MD, 21236 | $764/mo Cash Flow

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27 Laurel Path Ct #6, Nottingham, MD, 21236 | $764/mo Cash Flow | Ziffy

Pending

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 Nottingham at 27 Laurel Path Ct #6, Nottingham, MD, 21236 at $220,000 posts ROI 32.47% with $764/mo cash flow from $2,132/mo rent. Total monthly income equals $2,132/mo, and annual cash flow records $9,162/yr on $72,930 to close. Return on cash invested measures 32.47% and rental yield reads 11.63% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 170.3% and total cumulative return in cash totals $124,199.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,132/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 1992

961 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained penthouse condominium, offering comfort, style, and convenience in a peaceful community setting. Inside, youll be greeted by soaring cathedral ceilings and a bright open floor plan that enhances the sense of space throughout. The home features two generously sized bedrooms, and two bathrooms, including a primary suite complete with a private en-suite bath and a walk-in closet for ample storage. A separate laundry room adds functionality and convenience. Thoughtful updates make this home move-in ready, including fresh paint throughout, a new HVAC system and hot water heater (2024), and a new microwave. Step outside to your spacious deck, shaded by a large tree that provides the perfect balance of privacy and tranquilityan ideal spot to unwind at the end of the day. Residents enjoy the peace of mind of secured building access and the convenience of one assigned parking space with plenty of overflow parking for guests. The association fee also includes trash and water, adding to the ease of ownership. With its desirable location, soaring ceilings, well-designed layout, and modern updates, this home offers a wonderful blend of comfort and low-maintenance living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 21236, Nottingham, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,587 (100%)
Owner Occupied HU	11,831 (67.3%)
Renter Occupied HU	4,960 (28.2%)
Vacant Housing Units	796 ( 4.5%)
Median Home Value	$345,118
Average Home Value	$376,114