9223 Redbridge CtLaurelMD20723
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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 9223 Redbridge Ct, Laurel, MD, 20723 offers a 8.36% rental yield on a $438,990 purchase with $3,058/mo rent. Total monthly income registers $3,058/mo, and a $2,149/mo payment leaves $327/mo available for distribution. Annual cash flow reaches $3,928/yr on $145,525 to close, and return on cash invested stands at 22.61% in year one. Equity gained on principal adds $2,833/yr while 5% annual appreciation supports $121,285 over five years. Portfolio math shows five-year ROI at 117.37% and total cumulative return in cash at $170,801. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,058/mo property income against a $2,149/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
1,916 sqft 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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