124 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
Investment property for sale in Gaithersburg at 124 Spring St, Gaithersburg, MD, 20877 offers a 7.86% rental yield on a $430,000 purchase with $2,816/mo rent. Total monthly income registers $2,816/mo, and a $2,105/mo payment leaves $141/mo available for distribution. Annual cash flow reaches $1,695/yr on $142,545 to close, and return on cash invested stands at 21.1% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 109.28% and total cumulative return in cash at $155,775. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,816/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
6,600 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: Carolina Medrano • Fairfax Realty Premier
Mls Name: Bright MLS
Mls ID: #MDMC2191610