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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Laurel at 38 4th St, Laurel, MD, 20707 generates $2,572/mo in rent and, after a $1,664/mo payment, leaves $458/mo in cash flow. Total monthly income is $2,572/mo, and annual cash flow is $5,490/yr on $112,710 invested. Return on cash invested sits at 24.78% in year one, and rental yield is 9.08% on a $339,999 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,935 over five years. Five-year ROI reaches 129.01% and total cumulative return in cash sums $145,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,572/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 20707, Laurel, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,875 (100%) |
| Owner Occupied HU | 8,466 (53.3%) |
| Renter Occupied HU | 6,620 (41.7%) |
| Vacant Housing Units | 789 ( 5.0%) |
| Median Home Value | $507,151 |
| Average Home Value | $561,046 |
Residential
15,719
Single Family
9,632
Multi-Family
6,087
Businesses
1,314
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Larry Lessin • Save 6, Incorporated
Mls Name: Bright MLS
Mls ID: #MDPG2159810
