8628 Red Rock LnLaurelMD20724
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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 8628 Red Rock Ln, Laurel, MD, 20724 earns from $3,250/mo rent with a $2,716/mo payment. Total monthly income totals $3,250/mo. ROI tracks 18.74% on current figures, and rental yield reads 7.03% at a $555,000 purchase. Equity gained on principal adds $3,581/yr, and 5% annual appreciation supports $153,336 over five years. Five-year ROI reaches 96.56% and total cumulative return in cash sums $176,312. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,250/mo property income instead of your personal income.
Townhouse
Built in 2014
2,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20724, Laurel, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,240 (100%) |
| Owner Occupied HU | 4,862 (59.0%) |
| Renter Occupied HU | 3,091 (37.5%) |
| Vacant Housing Units | 287 ( 3.5%) |
| Median Home Value | $414,441 |
| Average Home Value | $419,801 |
Housing Distribution
Address Breakdown
Residential
7,400
Single Family
4,761
Multi-Family
2,639
Businesses
219
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