3008 Old Channel Rd, Laurel, MD, 20724 | $707/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3008 Old Channel Rd, Laurel, MD, 20724 | $707/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 3008 Old Channel Rd, Laurel, MD, 20724 uses $220,397 cash to close to unlock $8,489/yr annual cash flow and $707/mo monthly cash flow. Total monthly income runs $4,874/mo, and a $3,279/mo payment keeps the spread at $707/mo. Purchase price stands at $669,900, and rental yield measures 8.73% with $4,874/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $185,081 over five years. Five-year ROI reaches 124.32% and total cumulative return in cash records $274,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,874/mo property income covering a $3,279/mo payment rather than investor’s personal income.

Single Family

Built in 1999

7,500 sqft lot

$N/A/sqft

No HOA

More details about the property

WALK-OUT/WALK-UP BASEMENT! This picture-perfect home features 7 bedrooms and 4.5 baths in the desirable Russett community. Fresh paint, a private main-level guest room with a full bath, a large kitchen equipped with a gas stove, Carrara Gris tile flooring, and quartz countertops. Enjoy a sunroom, a stunning master suite with a cathedral ceiling, dual laundry facilities, and a wood fireplace. The walkout/walkup basement includes the 7th bedroom, a recreational area, and an additional full bath, all situated on a spacious fully fenced backyard! Offer deadline is Sept 28, 2025, at 7 pm

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