13409 Shady Knoll Dr APT 113Silver 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 13409 Shady Knoll Dr APT 113, Silver Spring, MD, 20904 uses $72,930 cash to close to unlock $8,778/yr annual cash flow and $732/mo monthly cash flow. Total monthly income runs $2,100/mo, and a $1,077/mo payment keeps the spread at $732/mo. Purchase price stands at $220,000, and rental yield measures 11.45% with $2,100/mo rent. Return on cash invested shows 31.95% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 167.47% and total cumulative return in cash records $122,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,100/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Condo
Built in 1988
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: Sean Blais • Samson Properties
Mls Name: Bright MLS
Mls ID: #MDMC2212184