1408 Stateside DrSilver SpringMD20903
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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
Rental property for sale in Silver Spring at 1408 Stateside Dr, Silver Spring, MD, 20903 generates $2,524/mo in rent, after a $2,594/mo payment. Total monthly income is $2,524/mo. Return on cash invested sits at 14.75% in year one, and rental yield is 5.71% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 75.15% and total cumulative return in cash sums $131,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,524/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20903, Silver Spring, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,705 (100%) |
| Owner Occupied HU | 2,684 (40.0%) |
| Renter Occupied HU | 3,646 (54.4%) |
| Vacant Housing Units | 375 ( 5.6%) |
| Median Home Value | $549,505 |
| Average Home Value | $569,854 |
Housing Distribution
Address Breakdown
Residential
6,995
Single Family
3,575
Multi-Family
3,420
Businesses
227
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Listed by: Kya Abellard • Redfin Corp
Mls Name: Bright MLS
Mls ID: #MDMC2209936