2904 Red Lion Ln, Silver Spring, MD, 20904 | 6.31% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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2904 Red Lion Ln, Silver Spring, MD, 20904 | 6.31% Rental Yield | Ziffy

For Sale

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 2904 Red Lion Ln, Silver Spring, MD, 20904 generates $3,128/mo in rent, after a $2,912/mo payment. Total monthly income is $3,128/mo. Return on cash invested sits at 16.55% in year one, and rental yield is 6.31% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 84.84% and total cumulative return in cash sums $166,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,128/mo property income rather than buyer’s personal income.

Single Family

Built in 1967

10,777 sqft lot

$N/A/sqft

No HOA

More details about the property

More photos coming! New to Market! This brick and cedar home has been lovingly cared for and wonderfully updated! Nestled on a quiet lane of quality homes with well-proportioned yards, this beautiful home is offered for sale by the original owner. Featuring 3 bedrooms, the primary bedroom with private bath, and two additional bedrooms and hall bath, living room, dedicated dining area, a Florida sunroom and kitchen on the main level. The lower level features a finished family room with brick hearth wood burning fireplace (set up with gas logs), a built-in bar for entertaining, a private office, and a super large storage and laundry center with sliding doors that lead to a pergola covered slate patio overlooking a lush yard. Located in the community of Calverton, this neighborhood is truly close to everything! Additional highlights of the home include a new architectural roof, the entire interior has been freshly painted a neutral color, newly refinished hardwood flooring throughout the main level, open design kitchen with lots of room and charm, updated lighting, updated door hardware, freshly painted exterior trim, and the list goes on! Come take a look and see....but hurry!

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