111 Spring StGaithersburgMD20877
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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 Gaithersburg at 111 Spring St, Gaithersburg, MD, 20877 priced at $449,900 converts $3,065/mo rent into $267/mo cash flow after a $2,202/mo obligation. Total monthly income equals $3,065/mo, and annual cash flow totals $3,203/yr on $149,142 invested. Return on cash invested prints 22.06% in year one, and rental yield reads 8.18% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 114.38% and total cumulative return in cash sums $170,590. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,065/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 1964
6,380 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20877, Gaithersburg, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,773 (100%) |
| Owner Occupied HU | 5,608 (40.7%) |
| Renter Occupied HU | 7,448 (54.1%) |
| Vacant Housing Units | 717 ( 5.2%) |
| Median Home Value | $533,944 |
| Average Home Value | $545,024 |
Housing Distribution
Address Breakdown
Residential
13,663
Single Family
6,259
Multi-Family
7,404
Businesses
1,496
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Listed by: Tony Sun • UnionPlus Realty, Inc.
Mls Name: Bright MLS
Mls ID: #MDMC2184702