15115 Interlachen Dr #3-802, Silver Spring, MD, 20906 | $292/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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15115 Interlachen Dr #3-802, Silver Spring, MD, 20906 | $292/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 15115 Interlachen Dr #3-802, Silver Spring, MD, 20906 earns $292/mo cash flow from $1,349/mo rent with a $832/mo payment. Total monthly income totals $1,349/mo, and annual cash flow totals $3,501/yr on $56,355 capital. ROI tracks 26.12% on current figures, and rental yield reads 9.52% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 136.21% and total cumulative return in cash sums $76,761. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,349/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

Here is your opportunity to join this fabulous age 55+ community at a low cost with low condo fees! This 1-bedroom 1-bath condo has everything you need, with ample closet and storage space, a serene, secure setting, and amenities galore! There are no steps to access the building or your 8th floor unit. The large living room, dining room, and bedroom will accommodate your furniture well. The community will keep you busy with so much to do - concerts, lectures, films, walking trails, fitness center, pickle ball courts, swimming pools, restaurant, lounge with live music, numerous clubs and lots of other activities. Come enjoy the Leisurely lifestyle!

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