2 Normandy Square Ct APT DSilver SpringMD20906
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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
Investment Highlights
Investment property for sale in Silver Spring at 2 Normandy Square Ct APT D, Silver Spring, MD, 20906 with 5% annual appreciation on a $249,900 basis while $1,712/mo rent supports operations. Total monthly income totals $1,712/mo and a $1,223/mo payment preserves $158/mo for cash returns. Annual cash flow comes to $1,895/yr on $82,842 deployed, and return on cash invested reaches 22.2% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 8.22%. Five-year ROI measures 115.15% and total cumulative return in cash totals $95,390.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,712/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
27,137
Single Family
15,766
Multi-Family
11,371
Businesses
453
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Listed by: Patty Chicas • Argent Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDMC2211194