7507 Dover Ln, Lanham, MD, 20706 | $592/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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7507 Dover Ln, Lanham, MD, 20706 | $592/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 Lanham at 7507 Dover Ln, Lanham, MD, 20706 uses $177,660 cash to close to unlock $7,098/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $3,950/mo, and a $2,643/mo payment keeps the spread at $592/mo. Purchase price stands at $540,000, and rental yield measures 8.78% with $3,950/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 125.09% and total cumulative return in cash records $222,230. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,950/mo property income covering a $2,643/mo payment rather than investor’s personal income.

Single Family

Built in 1965

7,768 sqft lot

$N/A/sqft

No HOA

More details about the property

Lanham Gem: Beautifully Updated Split-LevelEnergy Efficient & Fully Modernized! A well-loved and thoughtfully improved split-level home in a convenient location. Unlike typical older homes, this property was completely rebuilt in 1993 and has been continually and extensively upgraded ever since, offering the best of modern living with classic split-level appeal. HUGE ADVANTAGE: This property offers DECADES of MONTHLY SAVINGS on ELECTRICITY COSTS. This property includes fully paid, owner-owned SUNRUN SOLAR PANELS that cover 100% of electricity use, based on usage of four adults! In addition to low (or no payment due) electric bills, there are direct deposits of income ($50 to $100 a month) from sales of excess solar energy. This is a long-term value: SUNRUN Solar Panels last 25-30 years, and their 10-year warranties are transferable to new owners. Move-in with Confidence: Freshly painted in 2025 and delivering incredible peace of mind thanks to major system upgrades: New Roof (2023): Custom-built to support the owned solar panels. Enhanced Efficiency: New foundation foam insulation (2025) and fresh interior/exterior paint (2025) lock in comfort and savings. Extensive Updates (20232025): Multiple electrical upgrades, gutter repairs, and fresh landscaping. Thoughtful Interior & Exterior Enhancements: Step inside to find bright living spaces, a smart layout perfect for everyday life, and fresh modern finishes: Lower Level: Shines with new flooring (20232025) in the family room and ground-level bedroom. The family room also features upgraded carpentry around the window, updated outlets, and a new window in the bedroom. Fresh Finishes: New interior doors (10 in total), modern hardware throughout, and cohesive fresh paint tie the whole home together. Curb Appeal: Includes new storm doors (front/back), a new back entry door, and repaired/freshly painted front porch handrails for a welcoming entry. Beautiful glassed-in, south-facing 12X12 SUNROOM and well-maintained 20X20 DECK to enjoy bird-watching, blue skies, summer nights and gardening in the large back yard. Unbeatable Convenience: This move-in ready home puts you just minutes from the amenities, conveniences, and community perks you use every day. This home blends comfort, high value, energy efficiency, and convenienceits truly ready to welcome you home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20706, Lanham, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,915 (100%)
Owner Occupied HU	9,673 (64.9%)
Renter Occupied HU	4,605 (30.9%)
Vacant Housing Units	637 ( 4.3%)
Median Home Value	$441,375
Average Home Value	$463,194