3523 Piney Woods Pl APT G203, Laurel, MD, 20724 | $977/mo Cash Flow

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3523 Piney Woods Pl APT G203, Laurel, MD, 20724 | $977/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 3523 Piney Woods Pl APT G203, Laurel, MD, 20724 listed at $310,000 pairs $2,905/mo rent with a $1,517/mo payment to leave $977/mo cash flow. Total monthly income runs $2,905/mo, and annual cash flow reaches $11,727/yr on $102,765 cash to close. Return on cash invested measures 31.32% in year one, and rental yield registers 11.25% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 164.12% and total cumulative return in cash totals $168,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,905/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1999

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 3523 Piney Woods Place, a beautifully maintained condo featuring three spacious bedrooms and two full bathrooms, including a generous primary suite with its own private bath. Both bathrooms and much of the flooring have been recently updated, and the home has been freshly painted! A large great room seamlessly connects to the dining and family areas, creating an open and inviting flow, while the roomy kitchen offers plenty of space to cook and gather. Convenience is enhanced with a newer washer and dryer and elevator access in the building. You'll have plenty of space to host family or friends in the great room, or enjoy some quiet time in the sun on your own private balcony. The community provides an incredible array of amenities, including a clubhouse, outdoor pool, tennis and volleyball courts, playgrounds, bike and jogging paths, and even a library. Condo fees cover these amenities along with water, sewer, lawn care, and snow removal, ensuring stress-free living. Set in a quiet neighborhood, the location is unbeatablejust minutes from downtown historic Laurel and Fort Meade, equidistant between Washington, D.C. and Baltimore, and surrounded by endless shopping, dining, and entertainment options.

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