337 Laurelwood DrLonaconingMD21539
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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 Lonaconing at 337 Laurelwood Dr, Lonaconing, MD, 21539 priced at $470,000 pairs $2,706/mo rent with after a $2,300/mo payment. Total monthly income equals $2,706/mo. Return on cash invested is 18.24% in year one, and rental yield stands at 6.91% on a $470,000 basis. Equity gained on principal adds $3,033/yr, and 5% annual appreciation accumulates to $129,852 by year five. Five-year ROI measures 93.95% and total cumulative return in cash reaches $146,373. For financing, Ziffy Mortgage’s DSCR program evaluates $2,706/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
3.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21539, Lonaconing, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,201 (100%) |
| Owner Occupied HU | 762 (63.4%) |
| Renter Occupied HU | 275 (22.9%) |
| Vacant Housing Units | 164 (13.7%) |
| Median Home Value | $112,500 |
| Average Home Value | $205,974 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
1,062
Multi-Family
36
Businesses
51
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Listed by: Dale Carpenter • Railey Realty, Inc.
Mls Name: Bright MLS
Mls ID: #MDGA2009500