9264 Cherry Ln #4LaurelMD20708
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 9264 Cherry Ln #4, Laurel, MD, 20708 in Laurel deserves attention. This $271,600 property earns $2,434/mo in rent, a 10.75% gross yield, and nets $594/mo after the $1,221/mo payment. DSCR 1.99 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $75,038 compounds alongside $2,501/yr in yearly equity build, for a total cumulative return of $142,010.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.2% |
| Monthly Cash Flow | $594 | $1,850 |
City averages based on Laurel market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,434 |
| Total Monthly Debt Service | $1,731 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1990
6,345 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20708, Laurel, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,988 (100%) |
| Owner Occupied HU | 4,061 (37.0%) |
| Renter Occupied HU | 6,348 (57.8%) |
| Vacant Housing Units | 579 ( 5.3%) |
| Median Home Value | $466,362 |
| Average Home Value | $489,935 |
Housing Distribution
Address Breakdown
Residential
11,111
Single Family
4,937
Multi-Family
6,174
Businesses
232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1990
6,345 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20708, Laurel, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,988 (100%) |
| Owner Occupied HU | 4,061 (37.0%) |
| Renter Occupied HU | 6,348 (57.8%) |
| Vacant Housing Units | 579 ( 5.3%) |
| Median Home Value | $466,362 |
| Average Home Value | $489,935 |
Housing Distribution
Address Breakdown
Residential
11,111
Single Family
4,937
Multi-Family
6,174
Businesses
232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices