3215 S Leisure World Blvd UNIT 101-1, Silver Spring, MD, 20906 | $887/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3215 S Leisure World Blvd UNIT 101-1, Silver Spring, MD, 20906 | $887/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 3215 S Leisure World Blvd UNIT 101-1, Silver Spring, MD, 20906 uses $82,875 cash to close to unlock $10,641/yr annual cash flow and $887/mo monthly cash flow. Total monthly income runs $2,442/mo, and a $1,224/mo payment keeps the spread at $887/mo. Purchase price stands at $250,000, and rental yield measures 11.72% with $2,442/mo rent. Return on cash invested shows 32.75% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 171.73% and total cumulative return in cash records $142,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,442/mo property income covering a $1,224/mo payment rather than investor’s personal income.

Condo

Built in 1970

N/A lot

$N/A/sqft

No HOA

More details about the property

The one youve been waiting for in the sought after 55+ Leisure World community! This Hampton Deluxe model end unit has two bedrooms, two bathrooms, and ample storage on a private cul-de-sac. The garden style walkout patio overlooks a stream and walking path in peaceful Rossmoor Park. Enjoy first floor living with two open sunny living spaces, in-unit laundry, and an elegant updated dining area. Onsite amenities include restaurants, medical facilities, 24-hour security, pool facilities, golf course, and pickleball.

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