15101 Interlachen Dr #1-123, Silver Spring, MD, 20906 | $187/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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15101 Interlachen Dr #1-123, Silver Spring, MD, 20906 | $187/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 #1-123, Silver Spring, MD, 20906 earns $187/mo cash flow from $1,648/mo rent with a $1,150/mo payment. Total monthly income totals $1,648/mo, and annual cash flow totals $2,241/yr on $77,869 capital. ROI tracks 22.79% on current figures, and rental yield reads 8.42% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 118.32% and total cumulative return in cash sums $92,133. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,648/mo property income instead of your personal income.

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Leisure World! A beautiful 55+ community offering resort-style amenities and a low-maintenance lifestyle. This spacious condo features an updated kitchen with stainless steel appliances, granite countertops, and modern maple cabinets. Both full bathrooms have been tastefully renovated with contemporary finishes and a convenient walk-in shower. Air-handling system with humidifier and electronic filter for allergens. The open living and dining area provides the perfect space for entertaining or everyday comfort. Each bedroom includes two closets and an ensuite bathroom, double pane windows, while the in-unit washer and dryer add everyday convenience. One of this units standout features is the sunroom plus patioa rare perk available only in first-floor units! These spaces are ideal for relaxing, reading a book, or enjoying the peaceful, green views. Additional highlights include a private parking space and extra storage - #41 and golf cart space G-6. At Leisure World, residents enjoy a wealth of amenities, including a golf course, tennis and pickleball courts, indoor and outdoor pools, fitness centers, recreation and game rooms, walking trails, and so much more. Bi-annual HVAC checkup included in condo budget. All sunroom/patio furniture conveys, and drapes. The owner is responsible for electrical power used for heating, cooling, electrical devices and cooking. Come experience the charm and comfort of Leisure Worldschedule your tour today!

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