703 Northwest DrSilver SpringMD20901
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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 703 Northwest Dr, Silver Spring, MD, 20901 with 5% annual appreciation on a $480,000 basis while $3,134/mo rent supports operations. Total monthly income totals $3,134/mo and a $2,349/mo payment preserves $149/mo for cash returns. Annual cash flow comes to $1,788/yr on $159,120 deployed, and return on cash invested reaches 21.03% in year one. Equity gained on principal adds $3,097/yr, and five-year appreciation sums $132,615 alongside rental yield of 7.83%. Five-year ROI measures 108.89% and total cumulative return in cash totals $173,273.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,134/mo property income versus a $2,349/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20901, Silver Spring, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,005 (100%) |
| Owner Occupied HU | 8,686 (66.8%) |
| Renter Occupied HU | 3,730 (28.7%) |
| Vacant Housing Units | 589 ( 4.5%) |
| Median Home Value | $611,332 |
| Average Home Value | $644,213 |
Housing Distribution
Address Breakdown
Residential
13,012
Single Family
9,688
Multi-Family
3,324
Businesses
359
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Listed by: Erica O'Neill • RLAH @properties
Mls Name: Bright MLS
Mls ID: #MDMC2214060