12001 Old Columbia Pike APT 508Silver SpringMD20904
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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
Investment property for sale in Silver Spring at 12001 Old Columbia Pike APT 508, Silver Spring, MD, 20904 offers a 9.58% rental yield on a $149,987 purchase with $1,197/mo rent. Total monthly income registers $1,197/mo, and a $734/mo payment leaves $264/mo available for distribution. Annual cash flow reaches $3,171/yr on $49,721 to close, and return on cash invested stands at 26.29% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,439 over five years. Portfolio math shows five-year ROI at 137.16% and total cumulative return in cash at $68,198. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,197/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20904, Silver Spring, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,229 (100%) |
| Owner Occupied HU | 11,239 (52.9%) |
| Renter Occupied HU | 9,043 (42.6%) |
| Vacant Housing Units | 947 ( 4.5%) |
| Median Home Value | $594,619 |
| Average Home Value | $630,777 |
Housing Distribution
Address Breakdown
Residential
21,652
Single Family
12,306
Multi-Family
9,346
Businesses
673
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Listed by: Debbie Hsu • RE/MAX Town Center
Mls Name: Bright MLS
Mls ID: #MDMC2200810