9110 Canterbury Riding UNIT 129LaurelMD20723
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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 9110 Canterbury Riding UNIT 129, Laurel, MD, 20723 uses $116,025 cash to close to unlock $4,779/yr annual cash flow and $398/mo monthly cash flow. Total monthly income runs $2,575/mo, and a $1,713/mo payment keeps the spread at $398/mo. Purchase price stands at $350,000, and rental yield measures 8.83% with $2,575/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 124.99% and total cumulative return in cash records $145,022. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,575/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Townhouse
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20723, Laurel, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,147 (100%) |
| Owner Occupied HU | 9,241 (70.3%) |
| Renter Occupied HU | 3,620 (27.5%) |
| Vacant Housing Units | 286 ( 2.2%) |
| Median Home Value | $631,141 |
| Average Home Value | $669,338 |
Housing Distribution
Address Breakdown
Residential
12,625
Single Family
11,672
Multi-Family
953
Businesses
375
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