3421 Hewitt Ave UNIT 220-2, Silver Spring, MD, 20906 | $495/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3421 Hewitt Ave UNIT 220-2, Silver Spring, MD, 20906 | $495/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 3421 Hewitt Ave UNIT 220-2, Silver Spring, MD, 20906 earns $495/mo cash flow from $2,528/mo rent with a $1,601/mo payment. Total monthly income totals $2,528/mo, and annual cash flow totals $5,937/yr on $108,400 capital. ROI tracks 25.39% on current figures, and rental yield reads 9.28% at a $326,999 purchase. Equity gained on principal adds $2,110/yr, and 5% annual appreciation supports $90,344 over five years. Five-year ROI reaches 132.25% and total cumulative return in cash sums $143,356. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,528/mo property income instead of your personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to The Monterey a beautifully maintained, light-filled condo perfectly situated just off Georgia Avenue in the heart of Silver Spring! This 2-bedroom, 2-bath home offers 1,066 sq ft of open and airy living space with soaring windows that flood the home with natural light. The spacious living and dining area features gleaming hardwood floors and a seamless flow, perfect for both everyday living and entertaining. The updated kitchen boasts stainless steel appliances, granite countertops, and a breakfast bar for casual dining. Both bedrooms are generously sized, with the primary suite offering its own en-suite bath and ample closet space. Enjoy the convenience of being minutes from major commuter routes, the Metro, shopping, dining, and all that downtown Silver Spring has to offer while still enjoying a private, tree-lined community. Whether youre a first-time buyer or looking to downsize, this condo is the perfect blend of comfort, style, and location!

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