3032 Shoreline BlvdLaurelMD20724
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.87% yield at 3032 Shoreline Blvd, Laurel, MD, 20724 in Laurel is solid, but the $2,968/mo payment compresses net cash flow to $144/mo at $660,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $182,346 by year five, and $6,079/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.46) without U.S. income documentation. Total projected return: $264,703.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.2% |
| Monthly Cash Flow | $144 | $1,850 |
City averages based on Laurel market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,328 |
| Total Monthly Debt Service | $3,842 |
| DSCR Ratio | 1.13x |
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.
Single Family
Built in 1996
7,039 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
Single Family
Built in 1996
7,039 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