9284 Canterbury Riding UNIT 61, Laurel, MD, 20723 | $909/mo Cash Flow

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9284 Canterbury Riding UNIT 61, Laurel, MD, 20723 | $909/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 9284 Canterbury Riding UNIT 61, Laurel, MD, 20723 offers a 10.41% rental yield on a $370,000 purchase with $3,210/mo rent. Total monthly income registers $3,210/mo, and a $1,811/mo payment leaves $909/mo available for distribution. Annual cash flow reaches $10,905/yr on $122,655 to close, and return on cash invested stands at 28.8% in year one. Equity gained on principal adds $2,388/yr while 5% annual appreciation supports $102,224 over five years. Portfolio math shows five-year ROI at 150.56% and total cumulative return in cash at $184,673. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,210/mo property income against a $1,811/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1977

N/A lot

$N/A/sqft

No HOA

More details about the property

***Coming Soon!*** 4-bedroom, 2.5-bath end-unit townhome. This beauty is move-in ready and features 4 levels of super spacious living, a private Primary suite with ensuite bath, and a large fenced-in rear patio and plenty of parking. Convenient Laurel location...near shopping, dining, library, parks and a gorgeous lake, and you get top-rated Howard County schools. Stay tuned...we will be on the market soon!

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