3230 Hewitt Ave A-UNIT 1-3, Silver Spring, MD, 20906 | $195/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3230 Hewitt Ave A-UNIT 1-3, Silver Spring, MD, 20906 | $195/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 3230 Hewitt Ave A-UNIT 1-3, Silver Spring, MD, 20906 earns $195/mo cash flow from $1,750/mo rent with a $1,224/mo payment. Total monthly income totals $1,750/mo, and annual cash flow totals $2,337/yr on $82,875 capital. ROI tracks 22.73% on current figures, and rental yield reads 8.4% at a $249,999 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 118.01% and total cumulative return in cash sums $97,798. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,750/mo property income instead of your personal income.

Condo

Built in 1968

N/A lot

$N/A/sqft

No HOA

More details about the property

FHA Approved and Rarely available 3 bedroom, 2 full baths -- Separate Living Room and Dining Room, Needs TLC

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