9264 Cherry Ln APT 47, Laurel, MD, 20708 | $157/mo Cash Flow

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9264 Cherry Ln APT 47, Laurel, MD, 20708 | $157/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 Laurel at 9264 Cherry Ln APT 47, Laurel, MD, 20708 earns $157/mo cash flow from $2,022/mo rent with a $1,468/mo payment. Total monthly income totals $2,022/mo, and annual cash flow totals $1,880/yr on $99,417 capital. ROI tracks 21.8% on current figures, and rental yield reads 8.09% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 113.03% and total cumulative return in cash sums $112,372. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,022/mo property income instead of your personal income.

Townhouse

Built in 1990

N/A lot

$N/A/sqft

No HOA

More details about the property

One level living at it's finest! Cherry View Park is a well sought after 50 and better community, located close to dining, shopping, entertainment, mid-way between Washington and Baltimore. The tree lined community entrance is very welcoming and the community center offers activities throughout the year. If you are looking for an open floor plan, with lots of natural lighting, a spacious sunroom and an adorable deck with lots of privacy, come make this two bedroom, two bath home yours! Professional pictures to be posted on or before 11/12

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