2904 N Leisure World Blvd APT 211, Silver Spring, MD, 20906 | $218/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2904 N Leisure World Blvd APT 211, Silver Spring, MD, 20906 | $218/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 2904 N Leisure World Blvd APT 211, Silver Spring, MD, 20906 earns $218/mo cash flow from $1,647/mo rent with a $1,125/mo payment. Total monthly income totals $1,647/mo, and annual cash flow totals $2,610/yr on $76,179 capital. ROI tracks 23.34% on current figures, and rental yield reads 8.6% at a $229,800 purchase. Equity gained on principal adds $1,483/yr, and 5% annual appreciation supports $63,490 over five years. Five-year ROI reaches 121.28% and total cumulative return in cash sums $92,392. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,647/mo property income instead of your personal income.

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Could be yours before the holidays! Wonderful condo at an amazing price; come see it today! Absolutely cozy 2 bed 2 full bath condo in the popular Turnberry Courts of Leisure World. This has an open and well designed floor plan which offers plenty of natural light. Generously sized bedrooms; the primary has a large walk in closet as well as an additional one for ample storage. One of the highlights is the beautiful enclosed porch. From clubhouses to pools, tennis and pickleball courts, walking paths and more, you'll enjoy all the activities to keep you engaged within the community. The perfect place to call your next home and take advantage of all Leisure World has to offer!

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