6615 Laurel Dr, Baltimore, MD, 21207 | $271/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6615 Laurel Dr, Baltimore, MD, 21207 | $271/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 Baltimore at 6615 Laurel Dr, Baltimore, MD, 21207 listed at $299,000 pairs $2,130/mo rent with a $1,463/mo payment to leave $271/mo cash flow. Total monthly income runs $2,130/mo, and annual cash flow reaches $3,250/yr on $99,119 cash to close. Return on cash invested measures 23.19% in year one, and rental yield registers 8.55% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 120.47% and total cumulative return in cash totals $119,410. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,130/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1947

8,000 sqft lot

$N/A/sqft

No HOA

More details about the property

6615 Laurel Dr presents a unique opportunity for owners or investors who are interested in building equity! This 4bd/2ba home provides an excellent starting point for your next project! Featuring an updated HVAC, roof and hot water heater, this Gwynn Oak colonial is brimming with potential. Plus, the home has a massive rear addition and is over 3,000 sqft. Finish the basement for added living space, create an in-law suite or keep it blank for storage! Original details and charm remain throughout! Stop in today with your contractor and start building equity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21207, Gwynn Oak, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,732 (100%)
Owner Occupied HU	11,264 (57.1%)
Renter Occupied HU	6,973 (35.3%)
Vacant Housing Units	1,495 ( 7.6%)
Median Home Value	$284,553
Average Home Value	$333,769