3210 N Leisure World Blvd APT 610, Silver Spring, MD, 20906 | $320/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3210 N Leisure World Blvd APT 610, Silver Spring, MD, 20906 | $320/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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 3210 N Leisure World Blvd APT 610, Silver Spring, MD, 20906 listed at $350,000 pairs $2,497/mo rent with a $1,713/mo payment to leave $320/mo cash flow. Total monthly income runs $2,497/mo, and annual cash flow reaches $3,843/yr on $116,025 cash to close. Return on cash invested measures 23.22% in year one, and rental yield registers 8.56% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 120.66% and total cumulative return in cash totals $139,994. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,497/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2001

N/A lot

$N/A/sqft

No HOA

More details about the property

55+ Community, J Model. Beautiful sapcious 3 bedroom unit with ease of access to the elevator and a great view. Enjoy all that Leisure World has to offer from the comfort of your sun drenched 3 bedroom home and the convenience of complimentary cable & internet service. Unit located in one of Leisure World's most popular buildings. 3 bedrooms, 2 full bathrooms. Master suite features walk in closet and master bathroom with shower and separate tub. In-unit laundry room with full size washer and dryer and space for storage. Spacious eat in kitchen with access to large balcony. Balcony upgraded with heating and cooling vents. Vantage Point West is a secured building that offers on site management M-F within a gated community that offers 24 security. Building offers welcoming lobby, party/community room with restrooms, social events, walking walking distance to Clubhouse II, health center, walking paths and comlimentary shuttle service pickup at the front door.

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