1220 Blair Mill Rd APT 902Silver SpringMD20910
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1220 Blair Mill Rd APT 902, Silver Spring, MD, 20910 in Silver Spring deserves attention. This $239,000 property earns $2,278/mo in rent, a 11.44% gross yield, and nets $791/mo after the $1,075/mo payment. DSCR 2.12 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $66,031 compounds alongside $2,201/yr in yearly equity build, for a total cumulative return of $141,613.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 5.2% |
| Monthly Cash Flow | $791 | $1,250 |
City averages based on Silver Spring market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,278 |
| Total Monthly Debt Service | $1,391 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1968
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
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
Condo
Built in 1968
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rory Coakley • Rory S. Coakley Realty, Inc.
Mls Name: Bright MLS
Mls ID: #MDMC2145754