9304 Canterbury Riding UNIT 21, Laurel, MD, 20723 | $971/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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9304 Canterbury Riding UNIT 21, Laurel, MD, 20723 | $971/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 9304 Canterbury Riding UNIT 21, Laurel, MD, 20723 listed at $360,000 pairs $3,210/mo rent with a $1,762/mo payment to leave $971/mo cash flow. Total monthly income runs $3,210/mo, and annual cash flow reaches $11,652/yr on $119,340 cash to close. Return on cash invested measures 29.67% in year one, and rental yield registers 10.7% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 155.23% and total cumulative return in cash totals $185,253. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,210/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1978

N/A lot

$N/A/sqft

No HOA

More details about the property

Stunning townhome alert! This end unit townhouse boasts 3 spacious bedrooms and 2.5 modern bathrooms, perfect for the pickiest buyer seeking updated comfort and style. The sleek kitchen with stainless steel appliances is the heart of this home, while hardwood floors flow seamlessly throughout the upper levels . A fully finished basement with LVP flooring offers an additional living space complete with an updated half bath, laundry room, and access to a privately fenced backyard - ideal for entertaining guests or enjoying some peaceful solitude outdoors. And yes, pets are welcome on a case by case basis! Conveniently located near countless amenities with easy access to I95 and major commuter routes. Don't miss out on your chance to call this place home sweet home!

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