2900 N Leisure World Blvd APT 209, Silver Spring, MD, 20906 | $1,110/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2900 N Leisure World Blvd APT 209, Silver Spring, MD, 20906 | $1,110/mo Cash Flow | Ziffy

For Sale

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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 2900 N Leisure World Blvd APT 209, Silver Spring, MD, 20906 earns $1,110/mo cash flow from $3,007/mo rent with a $1,493/mo payment. Total monthly income totals $3,007/mo, and annual cash flow totals $13,319/yr on $101,108 capital. ROI tracks 33.08% on current figures, and rental yield reads 11.83% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 173.52% and total cumulative return in cash sums $175,438. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,007/mo property income instead of your personal income.

Condo

Built in 1998

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover effortless living in this 2-bedroom, 2-bath condominium, perfectly situated in the sought-after Turnberry Courts building of Leisure World. Designed for comfort and convenience, this home offers a bright, open floor plan ideal for entertaining or quiet relaxation. A sun-filled living and dining area flows seamlessly to an enclosed balcony, providing year-round enjoyment of peaceful community views. The well-appointed kitchen features plentiful cabinetry and counter space. The generous primary suite boasts a large walk-in closet and private bath, while the second bedroom is perfect for guests, hobbies, or a home office. Additional conveniences include in-unit laundry and building elevator access. As a resident of Leisure World, youll enjoy a secure, gated 55+ community with unparalleled amenities: two clubhouses, restaurants, indoor and outdoor pools, a fitness center, tennis and pickleball courts, an 18-hole golf course, walking paths, shuttle service, and 24-hour security. All within minutes of shopping, dining, and major commuter routes.

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