1201 E West Hwy APT 244Silver SpringMD20910
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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 1201 E West Hwy APT 244, Silver Spring, MD, 20910 earns from $2,267/mo rent with a $1,664/mo payment. Total monthly income totals $2,267/mo. ROI tracks 16.65% on current figures, and rental yield reads 8% at a $339,990 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,933 over five years. Five-year ROI reaches 87.15% and total cumulative return in cash sums $98,223. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,267/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20910, Silver Spring, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,434 (100%) |
| Owner Occupied HU | 7,296 (29.9%) |
| Renter Occupied HU | 15,439 (63.2%) |
| Vacant Housing Units | 1,699 ( 7.0%) |
| Median Home Value | $776,171 |
| Average Home Value | $792,623 |
Housing Distribution
Address Breakdown
Residential
23,580
Single Family
6,970
Multi-Family
16,610
Businesses
2,029
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Listed by: Tanya Cunningham • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDMC2145246
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