1804 Briggs Chaney Rd, Silver Spring, MD, 20905 | 6.27% Rental Yield

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1804 Briggs Chaney Rd, Silver Spring, MD, 20905 | 6.27% Rental Yield | Ziffy

For Sale

Rental Income

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 1804 Briggs Chaney Rd, Silver Spring, MD, 20905 earns from $4,049/mo rent with a $3,793/mo payment. Total monthly income totals $4,049/mo. ROI tracks 16.43% on current figures, and rental yield reads 6.27% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 84.21% and total cumulative return in cash sums $214,723. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,049/mo property income instead of your personal income.

Single Family

Built in 1956

0.63 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to a beautifully remodeled home at 1804 Briggs Chaney Road, offering a refined blend of elegance and modern convenience. This exquisite property has just been fully remodeled and is sitting on a generous 27,497 square foot lot. Step inside to discover a stunning new kitchen, meticulously designed with contemporary finishes and quality craftsmanship. The home features three fully renovated bathrooms, adorned with modern fixtures and luxurious touches, ensuring a serene and functional space. The main level's open layout is accentuated by recessed lighting, creating a warm and inviting atmosphere, ideal for both everyday living and entertaining. Descend to the lower level and find a thoughtfully designed in-law suite, providing the perfect arrangement for multi-generational living or an excellent rental opportunity. With its own separate entrance, the suite offers privacy and independence, catering to a variety of lifestyle needs. Outside, enjoy the expansive and level lot, providing ample space for outdoor activities, gardening, or future enhancements. Located in a great area, this home is a rare find, promising both comfort and versatility. Embrace the opportunity to own a piece of Silver Spring's charm and elegance.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20905, Silver Spring, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,438 (100%)
Owner Occupied HU	4,790 (88.1%)
Renter Occupied HU	525 ( 9.7%)
Vacant Housing Units	123 ( 2.3%)
Median Home Value	$672,561
Average Home Value	$734,707