3622 Gleneagles Dr #9-2CSilver SpringMD20906
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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
Investment Highlights
Investment property for sale in Silver Spring at 3622 Gleneagles Dr #9-2C, Silver Spring, MD, 20906 listed at $131,000 pairs $1,002/mo rent with a $641/mo payment to leave $187/mo cash flow. Total monthly income runs $1,002/mo, and annual cash flow reaches $2,249/yr on $43,427 cash to close. Return on cash invested measures 25.09% in year one, and rental yield registers 9.18% at a $131,000 basis. Equity gained on principal adds $845/yr, and annual property appreciation at 5% supports $36,193 by year five. Five-year ROI tracks 130.71% and total cumulative return in cash totals $56,765. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,002/mo property income relative to a $641/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
27,137
Single Family
15,766
Multi-Family
11,371
Businesses
453
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Listed by: LEO BABOCI • Weichert, REALTORS
Mls Name: Bright MLS
Mls ID: #MDMC2201856