7502 Contee Rd, Laurel, MD, 20707 | $58/mo Cash Flow

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7502 Contee Rd, Laurel, MD, 20707 | $58/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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

Rental property for sale in Laurel at 7502 Contee Rd, Laurel, MD, 20707 generates $4,075/mo in rent and, after a $3,161/mo payment, leaves $58/mo in cash flow. Total monthly income is $4,075/mo, and annual cash flow is $698/yr on $212,501 invested. Return on cash invested sits at 20.39% in year one, and rental yield is 7.57% on a $645,900 entry. Equity gained on principal adds $4,168/yr, while 5% annual appreciation builds toward $178,450 over five years. Five-year ROI reaches 105.43% and total cumulative return in cash sums $224,050. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,075/mo property income rather than buyer’s personal income.

Single Family

Built in 2003

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this 3 bedroom with possible additional bedroom, 3.5 bath home on Contee Road in Laurel, MD, being sold as-is, with the potential for additional bedrooms or an office. Sitting on a half acre, its spacious basement walks out to a fenced backyard with the view of an additional two parcels (2.4 acres, zoned RR with preliminary approval for eight (8) single family homes) also available for purchase to the right buyer. This property is convenient to shopping and a minute's access to Routes 1, 95 and 295.

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