500 Thayer Ave APT 403Silver SpringMD20910
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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 500 Thayer Ave APT 403, Silver Spring, MD, 20910 uses $49,725 cash to close to unlock $2,643/yr annual cash flow and $220/mo monthly cash flow. Total monthly income runs $1,153/mo, and a $734/mo payment keeps the spread at $220/mo. Purchase price stands at $150,000, and rental yield measures 9.22% with $1,153/mo rent. Return on cash invested shows 25.22% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 131.44% and total cumulative return in cash records $65,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,153/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20910, Silver Spring, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,434 (100%) |
| Owner Occupied HU | 7,296 (29.9%) |
| Renter Occupied HU | 15,439 (63.2%) |
| Vacant Housing Units | 1,699 ( 7.0%) |
| Median Home Value | $776,171 |
| Average Home Value | $792,623 |
Housing Distribution
Address Breakdown
Residential
23,580
Single Family
6,970
Multi-Family
16,610
Businesses
2,029
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Listed by: Timothy Caropreso • Keller Williams Flagship
Mls Name: Bright MLS
Mls ID: #MDMC2187322