3357 Cormorant Dr, Laurel, MD, 20724 | $1,069/mo Cash Flow

For Sale

Listed for sale 3 days ago

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

Rental property for sale in Laurel at 3357 Cormorant Dr, Laurel, MD, 20724 generates $4,116/mo in rent and, after a $2,398/mo payment, leaves $1,069/mo in cash flow. Total monthly income is $4,116/mo, and annual cash flow is $12,827/yr on $162,402 invested. Return on cash invested sits at 27.81% in year one, and rental yield is 10.08% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 145.22% and total cumulative return in cash sums $235,841. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,116/mo property income rather than buyer’s personal income.

Townhouse

Built in 2022

1,248 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