12001 Old Columbia Pike APT 709Silver SpringMD20904
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
Investment Highlights
Investment property for sale in Silver Spring at 12001 Old Columbia Pike APT 709, Silver Spring, MD, 20904 earns $245/mo cash flow from $1,208/mo rent with a $758/mo payment. Total monthly income totals $1,208/mo, and annual cash flow totals $2,937/yr on $51,349 capital. ROI tracks 25.63% on current figures, and rental yield reads 9.36% at a $154,900 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,796 over five years. Five-year ROI reaches 133.55% and total cumulative return in cash sums $68,576. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,208/mo property income instead of your personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LUIS TAPIA • Argent Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDMC2184948