3005 S Leisure World Blvd APT 702, Silver Spring, MD, 20906 | $970/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3005 S Leisure World Blvd APT 702, Silver Spring, MD, 20906 | $970/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
882 sft

11775 Stratford House Pl APT 412, Reston, VA, 20190

1 Bed
1 Bath
692 sft

1001 N Vermont St APT 613, Arlington, VA, 22201

2 Bed
1 Bath
755 sft

2659 S Walter Reed Dr UNIT C, Arlington, VA, 22206

2 Bed
2 Bath
1038 sft

13085 Autumn Woods Way APT 301, Fairfax, VA, 22033

Nearby investment properties with comparable prices

2 Bed
2 Bath
1569 sft

3333 University Blvd W APT 1008, Kensington, MD, 20895

2 Bed
1 Bath
849 sft

5340 Holmes Run Pkwy UNIT 700, Alexandria, VA, 22304

1 Bed
1 Bath
691 sft

3601 Wisconsin Ave NW APT 502, Washington, DC, 20016

1 Bed
1 Bath
931 sft

10101 Grosvenor Pl APT 214, Rockville, MD, 20852

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Silver Spring at 3005 S Leisure World Blvd APT 702, Silver Spring, MD, 20906 uses $96,102 cash to close to unlock $11,639/yr annual cash flow and $970/mo monthly cash flow. Total monthly income runs $2,773/mo, and a $1,419/mo payment keeps the spread at $970/mo. Purchase price stands at $289,900, and rental yield measures 11.48% with $2,773/mo rent. Return on cash invested shows 32.02% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 167.82% and total cumulative return in cash records $161,277. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,773/mo property income covering a $1,419/mo payment rather than investor’s personal income.

Condo

Built in 1999

N/A lot

$N/A/sqft

No HOA

More details about the property

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