3200 N Leisure World Blvd APT 918, Silver Spring, MD, 20906 | $205/mo Cash Flow

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3200 N Leisure World Blvd APT 918, Silver Spring, MD, 20906 | $205/mo Cash Flow | Ziffy

For Sale

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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

Investment property for sale in Silver Spring at 3200 N Leisure World Blvd APT 918, Silver Spring, MD, 20906 earns $205/mo cash flow from $2,130/mo rent with a $1,515/mo payment. Total monthly income totals $2,130/mo, and annual cash flow totals $2,459/yr on $102,599 capital. ROI tracks 22.31% on current figures, and rental yield reads 8.26% at a $309,500 purchase. Equity gained on principal adds $1,997/yr, and 5% annual appreciation supports $85,509 over five years. Five-year ROI reaches 115.74% and total cumulative return in cash sums $118,746. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,130/mo property income instead of your personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 3200 N Leisure World Blvd #918, a beautifully updated 2-bedroom, 2-bathroom condo offering exceptional 9th-floor views. Perched high above the treetops, this home provides a stunning view of the golf course and lush green space, creating a serene backdrop that sets it apart from other units in the building. Move-in ready, the condo has been freshly painted and features brand new carpeting throughout. The kitchen is outfitted with brand new stainless steel appliances and ample cabinet space, perfect for everyday cooking and entertaining. The open living and dining areas are filled with natural light and extend seamlessly to the private balcony, where you can relax and enjoy the sweeping, elevated views. Both bedrooms are generously sized, including a primary suite with a large closet and private bath. An in-unit washer and dryer add to the convenience. Leisure World is a premier 55+ gated community known for its resort-style amenities, including two clubhouses, restaurants, fitness centers, pools, tennis and pickleball courts, walking paths, and year-round social activities. Memberships are available for the 18-hole championship golf course right outside your door. Shopping, dining, and medical services are just minutes away, with easy access to major commuter routes. With fresh updates, move-in ready condition, and unmatched 9th-floor views perched high above the treetops, this condo combines comfort, convenience, and lifestyle a rare find you wont want to miss!

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