








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Gaithersburg at 303 Palmspring Dr APT 10, Gaithersburg, MD, 20878 generates $2,500/mo in rent and, after a $1,297/mo payment, leaves $852/mo in cash flow. Total monthly income is $2,500/mo, and annual cash flow is $10,222/yr on $87,848 invested. Return on cash invested sits at 31.55% in year one, and rental yield is 11.32% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 165.29% and total cumulative return in cash sums $145,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,500/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 20878, Gaithersburg, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,989 (100%) |
| Owner Occupied HU | 16,942 (65.2%) |
| Renter Occupied HU | 7,976 (30.7%) |
| Vacant Housing Units | 1,071 ( 4.1%) |
| Median Home Value | $773,183 |
| Average Home Value | $802,412 |
Residential
25,808
Single Family
18,639
Multi-Family
7,169
Businesses
1,096
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jeremy Rosenthal • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDMC2208804