405 Park LnLaurelDE19956
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 405 Park Ln, Laurel, DE, 19956 in Laurel speaks for itself: 10.78% gross on a $285,000 price, generating $2,560/mo in rent and $911/mo in net income after the $1,282/mo debt service. DSCR 2.00, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,927 stacks alongside $78,740 in projected five-year appreciation and $2,625/yr in principal reduction. Projected total cumulative return: $166,163.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.0% |
| Monthly Cash Flow | $911 | $1,200 |
City averages based on Laurel market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,560 |
| Total Monthly Debt Service | $1,536 |
| DSCR Ratio | 1.67x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1967
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19956, Laurel, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,890 (100%) |
| Owner Occupied HU | 5,070 (73.6%) |
| Renter Occupied HU | 1,329 (19.3%) |
| Vacant Housing Units | 491 ( 7.1%) |
| Median Home Value | $309,819 |
| Average Home Value | $358,145 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
6,501
Multi-Family
1
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1967
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19956, Laurel, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,890 (100%) |
| Owner Occupied HU | 5,070 (73.6%) |
| Renter Occupied HU | 1,329 (19.3%) |
| Vacant Housing Units | 491 ( 7.1%) |
| Median Home Value | $309,819 |
| Average Home Value | $358,145 |
Housing Distribution
Address Breakdown
Residential
6,502
Single Family
6,501
Multi-Family
1
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices