Ballata Plan, Wellington Farms TownhomesLaurelMD20723
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at Ballata Plan, Wellington Farms Townhomes, Laurel, MD, 20723 in Laurel: $3,955/mo in rent, $255/mo in net income, 7.98% gross yield, 1.48 DSCR, all at $594,990. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $164,385 in appreciation and $5,480/yr in principal paydown projects total cumulative return of $242,095.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.2% |
| Monthly Cash Flow | $255 | $1,850 |
City averages based on Laurel market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,955 |
| Total Monthly Debt Service | $3,464 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,625
Single Family
11,672
Multi-Family
953
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,625
Single Family
11,672
Multi-Family
953
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices