9278 Cherry Ln APT 91LaurelMD20708
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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 9278 Cherry Ln APT 91, Laurel, MD, 20708 uses $99,450 cash to close to unlock $6,342/yr annual cash flow and $529/mo monthly cash flow. Total monthly income runs $2,394/mo, and a $1,468/mo payment keeps the spread at $529/mo. Purchase price stands at $300,000, and rental yield measures 9.58% with $2,394/mo rent. Return on cash invested shows 26.29% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 137.1% and total cumulative return in cash records $136,344. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,394/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Townhouse
Built in 1990
N/A lot
$N/A/sqft
No 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
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