2702 Martello DrSilver SpringMD20904
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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
Rental property for sale in Silver Spring at 2702 Martello Dr, Silver Spring, MD, 20904 offers $5,148/mo rent that, after a $6,730/mo payment. Total monthly income is $5,148/mo. Return on cash invested measures 11.2% in year one, and rental yield stands at 4.49% at a $1,375,000 entry. Equity gained on principal adds $8,873/yr while 5% annual appreciation compounds into $379,887 by year five. Five-year ROI records 56.1% and total cumulative return in cash reaches $249,906. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,148/mo property income versus a $6,730/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
2.00 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
21,652
Single Family
12,306
Multi-Family
9,346
Businesses
673
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Listed by: Rose Ogbonna • Citiwide Realtors Inc.
Mls Name: Bright MLS
Mls ID: #MDMC2210814