15101 Interlachen Dr #1-1022, Silver Spring, MD, 20906 | $195/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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15101 Interlachen Dr #1-1022, Silver Spring, MD, 20906 | $195/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 15101 Interlachen Dr #1-1022, Silver Spring, MD, 20906 uses $81,218 cash to close to unlock $2,345/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $1,719/mo, and a $1,199/mo payment keeps the spread at $195/mo. Purchase price stands at $245,000, and rental yield measures 8.42% with $1,719/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 118.39% and total cumulative return in cash records $96,156. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,719/mo property income covering a $1,199/mo payment rather than investor’s personal income.

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the best of 55+ living in this beautifully updated 2-bedroom, 2-bath penthouse condo in Leisure World, where elegance meets comfort in a vibrant resort-style community! This top-floor home features an updated kitchen with stainless steel appliances, granite countertops, and sleek finishes throughout, while the spacious primary suite offers a walk-in closet and the sunlit balcony provides stunning panoramic views of the lush, landscaped groundsperfect for enjoying serene sunrises and sunsets year-round. Residents enjoy unparalleled amenities including two clubhouses with dining, an 18-hole golf course, indoor and outdoor pools, a state-of-the-art fitness center, tennis and pickleball courts, 24-hour security, community transportation, and more. Ideally located with easy access to the ICC, I-270, I-495, and I-95, this exceptional penthouse isnt just a home-its a lifestyle. Call today to schedule your private tour!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20906, Silver Spring, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,199 (100%)
Owner Occupied HU	17,677 (65.0%)
Renter Occupied HU	8,174 (30.1%)
Vacant Housing Units	1,348 ( 5.0%)
Median Home Value	$493,091
Average Home Value	$533,723