503 8th StLaurelMD20707
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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
Investment property for sale in Laurel at 503 8th St, Laurel, MD, 20707 uses $107,738 cash to close to unlock $5,416/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $2,473/mo, and a $1,591/mo payment keeps the spread at $451/mo. Purchase price stands at $325,000, and rental yield measures 9.13% with $2,473/mo rent. Return on cash invested shows 24.94% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 129.87% and total cumulative return in cash records $139,921. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,473/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20707, Laurel, MD area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,719
Single Family
9,632
Multi-Family
6,087
Businesses
1,314
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