604 Highland Ridge Ave UNIT 100, Gaithersburg, MD, 20878 | $397/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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604 Highland Ridge Ave UNIT 100, Gaithersburg, MD, 20878 | $397/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

Rental property for sale in Gaithersburg at 604 Highland Ridge Ave UNIT 100, Gaithersburg, MD, 20878 generates $3,661/mo in rent and, after a $2,569/mo payment, leaves $397/mo in cash flow. Total monthly income is $3,661/mo, and annual cash flow is $4,758/yr on $172,692 invested. Return on cash invested sits at 22.82% in year one, and rental yield is 8.37% on a $524,900 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 118.44% and total cumulative return in cash sums $204,541. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,661/mo property income rather than buyer’s personal income.

Townhouse

Built in 2002

N/A lot

$N/A/sqft

No HOA

More details about the property

Completely renovated and absolutely gorgeous end-unit townhouse-style condominium! From top to bottom, every inch of this home has been thoughtfully updated to create a sleek, modern feel. The spacious living room features stylish LVT flooring, fresh paint, updated lighting, and flows seamlessly into a large dining area with a custom beverage centerperfect for entertaining. The gorgeous renovated kitchen showcases stainless steel appliances, granite countertops, brand-new double oven with five burners, recessed lighting, and soft-close cabinets. A pretty updated powder room completes this level. Upstairs, the luxurious primary suite includes LVT flooring, a lighted ceiling fan, and a fully renovated en-suite bath with a smart toilet, double-sink vanity, custom lighting, rain shower head, and ceramic tile flooring. The sunny second bedroom offers LVT flooring and generous closet space, while a versatile loft areafilled with natural lightopens to a large private balcony. A second full bath and stacked stainless steel washer and dryer complete the upper level. Additional highlights include an attached garage with generous storage. No detail in this home has been overlooked, down to the decorator fixtures and finishes throughout. With its tasteful updates and prime location near major commuter routes, shopping, dining, and entertainment, this home is a showstopper!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20878, Gaithersburg, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	25,989 (100%)
Owner Occupied HU	16,942 (65.2%)
Renter Occupied HU	7,976 (30.7%)
Vacant Housing Units	1,071 ( 4.1%)
Median Home Value	$773,183
Average Home Value	$802,412