620 Mississippi AveSilver 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
Rental property for sale in Silver Spring at 620 Mississippi Ave, Silver Spring, MD, 20910 generates $4,871/mo in rent, after a $6,608/mo payment. Total monthly income is $4,871/mo. Return on cash invested sits at 10.7% in year one, and rental yield is 4.33% on a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation builds toward $372,980 over five years. Five-year ROI reaches 53.39% and total cumulative return in cash sums $233,537. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,871/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
10,835 sqft 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: Gali Sapir • Perennial Real Estate
Mls Name: Bright MLS
Mls ID: #MDMC2184110