331 Old Line AveLaurelMD20724
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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 331 Old Line Ave, Laurel, MD, 20724 priced at $439,900 converts $3,268/mo rent into $532/mo cash flow after a $2,153/mo obligation. Total monthly income equals $3,268/mo, and annual cash flow totals $6,386/yr on $145,827 invested. Return on cash invested prints 24.29% in year one, and rental yield reads 8.91% against a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation compiles into $121,536 by year five. Five-year ROI reaches 126.38% and total cumulative return in cash sums $184,299. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,268/mo property income covering a $2,153/mo payment, not borrower’s personal income.
Single Family
Built in 1963
7,935 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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