




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


Investment property for sale in Silver Spring at 3200 N Leisure World Blvd APT 512, Silver Spring, MD, 20906 offers a 8.16% rental yield on a $239,000 purchase with $1,625/mo rent. Total monthly income registers $1,625/mo, and a $1,170/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,660/yr on $79,229 to close, and return on cash invested stands at 22% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 114.17% and total cumulative return in cash at $90,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,625/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Keyona Wran • Keller Williams Preferred Properties
Mls Name: Bright MLS
Mls ID: #MDMC2193066