1410 Gridley Ln, Silver Spring, MD, 20902 | $860/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1410 Gridley Ln, Silver Spring, MD, 20902 | $860/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Silver Spring at 1410 Gridley Ln, Silver Spring, MD, 20902 uses $132,600 cash to close to unlock $10,320/yr annual cash flow and $860/mo monthly cash flow. Total monthly income runs $3,348/mo, and a $1,958/mo payment keeps the spread at $860/mo. Purchase price stands at $400,000, and rental yield measures 10.04% with $3,348/mo rent. Return on cash invested shows 27.69% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 144.6% and total cumulative return in cash records $191,740. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,348/mo property income covering a $1,958/mo payment rather than investor’s personal income.

Single Family

Built in 1951

5,400 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming 3-bedroom, 2-bath home, perfectly situated on a tree lined lot in the Chestnut Ridge Manor community of Silver Spring. Offering the ease of main-level living, this home features three comfortable bedrooms and one bath on the entry level. Plus it offers an eat-in kitchen and a quaint living room where you can curl up by the wood burning stove. The unfinished basement with a full bath provides endless possibilities for storage, recreation, or future expansion, and conveniently walks up to the backyardideal for outdoor gatherings and relaxation. This home presents an excellent opportunity to update and remodel at your own pace while enjoying its prime location. Just minutes from schools, shopping, restaurants, and major commuting routes, this property combines convenience with potential.