7208 Cherry LnLaurelMD20707
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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
Rental property for sale in Laurel at 7208 Cherry Ln, Laurel, MD, 20707 offers $4,772/mo rent that, after a $3,225/mo payment, leaves $674/mo cash flow. Total monthly income is $4,772/mo, and annual cash flow is $8,086/yr on $216,811 cash. Return on cash invested measures 23.79% in year one, and rental yield stands at 8.69% at a $659,000 entry. Equity gained on principal adds $4,252/yr while 5% annual appreciation compounds into $182,070 by year five. Five-year ROI records 123.66% and total cumulative return in cash reaches $268,099. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,772/mo property income versus a $3,225/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
4,992 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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