9621 Durant Ave, Laurel, MD, 20723 | $623/mo Cash Flow

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9621 Durant Ave, Laurel, MD, 20723 | $623/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 9621 Durant Ave, Laurel, MD, 20723 uses $205,625 cash to close to unlock $7,474/yr annual cash flow and $623/mo monthly cash flow. Total monthly income runs $4,510/mo, and a $3,059/mo payment keeps the spread at $623/mo. Purchase price stands at $625,000, and rental yield measures 8.66% with $4,510/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 123.14% and total cumulative return in cash records $253,213. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,510/mo property income covering a $3,059/mo payment rather than investor’s personal income.

Single Family

Built in 2001

7,996 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to 9621 Durant Avenue in Howard Countys highly sought-after North Laurel. This beautifully refreshed home is completely turnkey and move-in ready. Sited on a quiet cul de sac which backs to a serene 30-acre wooded conservation area and the Patuxent river, the location simply cant be beat. A new roof was installed in 2021 and youll find new carpet and fresh paint throughout. Main level highlights include a welcoming covered front porch, hardwood flooring, and a dramatic two-story foyer. The beautiful formal living room features a bay window overlooking the conservation area which floods the home with natural light. The sleek kitchen offers designer Dekton countertops, up-to-date appliances, and striking wide-plank ceramic tile flooring. The family room with its cozy wood-burning fireplace, a half-bath, and a laundry room complete the main level. The upstairs landing bathes this home in even more sunlight. The primary suite offers a sizable walk-in closet, a dual sink vanity, soaking tub, and separate shower stall. Youll also find three additional bedrooms on the upper level. The lower level features current wood-look tile throughout, a large recreation room with a walk-up stair exit to the yard, an additional bedroom and an updated full bathroom. There are also ample downstairs storage areas. The spacious fenced backyard offers a covered sitting area with permanent pergola for entertaining, and a shed for even more storage at the rear of the yard. Hurry! With easy access to all major Baltimore/DC commuter routes and NO HOA DUES, 9621 Durant Avenue wont last long.

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