2831 Cornet CtSilver 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
Investment property for sale in Silver Spring at 2831 Cornet Ct, Silver Spring, MD, 20904 uses $176,838 cash to close to unlock $12,370/yr annual cash flow and $1,031/mo monthly cash flow. Total monthly income runs $4,374/mo, and a $2,631/mo payment keeps the spread at $1,031/mo. Purchase price stands at $537,500, and rental yield measures 9.77% with $4,374/mo rent. Return on cash invested shows 27.06% in year one, and 5% annual appreciation builds toward $148,501 over five years. Five-year ROI reaches 141.17% and total cumulative return in cash records $249,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,374/mo property income covering a $2,631/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
1,600 sqft 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: Bryan Arias • Samson Properties
Mls Name: Bright MLS
Mls ID: #MDMC2200588