2316 Colston Dr APT 101, Silver Spring, MD, 20910 | $598/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2316 Colston Dr APT 101, Silver Spring, MD, 20910 | $598/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

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

Rental property for sale in Silver Spring at 2316 Colston Dr APT 101, Silver Spring, MD, 20910 generates $2,396/mo in rent and, after a $1,415/mo payment, leaves $598/mo in cash flow. Total monthly income is $2,396/mo, and annual cash flow is $7,177/yr on $95,804 invested. Return on cash invested sits at 27.4% in year one, and rental yield is 9.95% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 143.1% and total cumulative return in cash sums $137,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,396/mo property income rather than buyer’s personal income.

Condo

Built in 1948

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this turnkey two-bedroom, one-bath condominium in rarely available Rock Creek Village! Freshly painted and featuring hardwood floors throughout, this updated home offers an open kitchen with granite countertops, stainless steel appliances, and island seating that flows seamlessly into the dining and living areasperfect for everyday living and entertaining. The spacious primary bedroom includes two closets, complemented by a generously sized second bedroom. Enjoy a modern walk-in shower and the convenience of an in-unit stackable washer and dryer. Rock Creek Village is a pet-friendly, garden-style community known for its lush landscaped grounds and peaceful setting, with direct access to Rock Creek Parks scenic hiking and biking trails. The community offers a play ground and grill area, plus EV charging stations. Walk to Rock Creek Shopping Center with restaurants, a sports club, dry cleaner, veterinary services, and a nail salon. Condo fees include all utilities, providing exceptional value. Tandem off-street parking for two cars conveys with the unit. Ideally located less than one mile from the Silver Spring Metro (Red Line), with close proximity to downtown Silver Spring and Bethesda for shopping, dining, and entertainment. Make this your New Home in the New Year!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20910, Silver Spring, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,434 (100%)
Owner Occupied HU	7,296 (29.9%)
Renter Occupied HU	15,439 (63.2%)
Vacant Housing Units	1,699 ( 7.0%)
Median Home Value	$776,171
Average Home Value	$792,623