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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Silver Spring at 3100 N Leisure World Blvd APT 716, Silver Spring, MD, 20906 generates $2,525/mo in rent and, after a $1,346/mo payment, leaves $24/mo in cash flow. Total monthly income is $2,525/mo, and annual cash flow is $284/yr on $91,163 invested. Return on cash invested sits at 20.22% in year one, and rental yield is 11.02% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 108.33% and total cumulative return in cash sums $98,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,525/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 20906, Silver Spring, MD area.
| 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 |
Residential
27,137
Single Family
15,766
Multi-Family
11,371
Businesses
453
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $275,000 |
| 2019-06-27 | Sold | $225,000 |
| 2019-06-18 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-28 | $2359.96 | 2.41% | $205,000 | 2.50% |
| 2023-05-28 | $2304.40 | 7.09% | $200,000 | 2.56% |
| 2022-05-28 | $2151.83 | 2.72% | $195,000 | 2.63% |
Listed by: Billy Okoye • Sold 100 Real Estate, Inc.
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDMC2182838
Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc. [Click here for more information](/mls-disclaimers/#5632)
