614 Sligo Ave APT 303, Silver Spring, MD, 20910 | $218/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

614 Sligo Ave APT 303, Silver Spring, MD, 20910 | $218/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

- Bed
1 Bath
383 sft

1021 Arlington Blvd APT 310, Arlington, VA, 22209

- Bed
1 Bath
488 sft

6631 Wakefield Dr APT 213A, Alexandria, VA, 22307

- Bed
1 Bath
367 sft

1121 Arlington Blvd APT 937, Arlington, VA, 22209

1 Bed
1 Bath
757 sft

2525 Huntington Ave #18, Alexandria, VA, 22303

Nearby investment properties with comparable prices

1 Bed
1 Bath
850 sft

6445 Luzon Ave NW APT 104, Washington, DC, 20012

- Bed
1 Bath
471 sft

2500 N Van Dorn St APT 318, Alexandria, VA, 22302

1 Bed
1 Bath
757 sft

2525 Huntington Ave #18, Alexandria, VA, 22303

Currently Rented+ 3 more

- Bed
1 Bath
369 sft

1121 Arlington Blvd APT 508, Arlington, VA, 22209

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Silver Spring at 614 Sligo Ave APT 303, Silver Spring, MD, 20910 listed at $139,900 pairs $1,088/mo rent with a $685/mo payment to leave $218/mo cash flow. Total monthly income runs $1,088/mo, and annual cash flow reaches $2,612/yr on $46,377 cash to close. Return on cash invested measures 25.54% in year one, and rental yield registers 9.33% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 133.11% and total cumulative return in cash totals $61,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,088/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1966

N/A lot

$N/A/sqft

No HOA

More details about the property

Bright and spacious 1-bedroom, 1-bath condo located on the 3rd floor in the heart of Silver Spring. Just minutes from restaurants, Metro access, and major shopping centers. This well-maintained unit features laminate flooring throughout, with ceramic tile in the kitchen and bathroom. Condo fee includes all utilities for added convenience. Priced $20,000 below market value for a quick saledont miss out! Please note: This community is not FHA-approved.

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