1612 Lemontree Ln, Silver Spring, MD, 20904 | $837/mo Cash Flow

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1612 Lemontree Ln, Silver Spring, MD, 20904 | $837/mo Cash Flow | Ziffy

Recently Sold

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 1612 Lemontree Ln, Silver Spring, MD, 20904 offers a 9.57% rental yield on a $515,000 purchase with $4,105/mo rent. Total monthly income registers $4,105/mo, and a $2,521/mo payment leaves $837/mo available for distribution. Annual cash flow reaches $10,042/yr on $169,435 to close, and return on cash invested stands at 25.99% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 135.61% and total cumulative return in cash at $229,765. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,105/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Fully remodeled home in the sought-after FairKnoll community. Step inside to discover a modern, bright, open-concept Main Level with a stone-surround Electric fireplace. Updated flooring, and a freshly renovated kitchen featuring sleek cabinetry, quartz counters, and stainless-steel All New appliances (including a wine cooler). The Lower level features another spacious living space with a traditional fireplace, a half-bath, and an office space. Through this level you can access the patio and the interior garage. Upstairs, find FOUR generously sized bedrooms and 2 full bathrooms, and In unit laundry. Outside, enjoy a fenced yard with plenty of room for play, gardening, and Barbecuing! All of this in a prime location close to commuter routes, shopping, dining, parks, and top schools! **We are pet Friendly** Renter is responsible for ALL utility bills. No smoking allowed. Pet Friendly.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20904, Silver Spring, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,229 (100%)
Owner Occupied HU	11,239 (52.9%)
Renter Occupied HU	9,043 (42.6%)
Vacant Housing Units	947 ( 4.5%)
Median Home Value	$594,619
Average Home Value	$630,777