1002 Dennis AveSilver SpringMD20901
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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
Rental property for sale in Silver Spring at 1002 Dennis Ave, Silver Spring, MD, 20901 generates $3,479/mo in rent, after a $3,225/mo payment. Total monthly income is $3,479/mo. Return on cash invested sits at 16.63% in year one, and rental yield is 6.34% on a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation builds toward $182,070 over five years. Five-year ROI reaches 85.28% and total cumulative return in cash sums $184,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,479/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20901, Silver Spring, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,005 (100%) |
| Owner Occupied HU | 8,686 (66.8%) |
| Renter Occupied HU | 3,730 (28.7%) |
| Vacant Housing Units | 589 ( 4.5%) |
| Median Home Value | $611,332 |
| Average Home Value | $644,213 |
Housing Distribution
Address Breakdown
Residential
13,012
Single Family
9,688
Multi-Family
3,324
Businesses
359
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Listed by: Kim Cavaliere • RE/MAX Advantage Realty
Mls Name: Bright MLS
Mls ID: #MDMC2212650