7504 Spring Lake Dr UNIT ABethesdaMD20817
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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 Bethesda at 7504 Spring Lake Dr UNIT A, Bethesda, MD, 20817 generates $3,106/mo in rent and, after a $1,664/mo payment, leaves $992/mo in cash flow. Total monthly income is $3,106/mo, and annual cash flow is $11,898/yr on $112,710 invested. Return on cash invested sits at 30.47% in year one, and rental yield is 10.96% on a $339,999 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,935 over five years. Five-year ROI reaches 159.51% and total cumulative return in cash sums $179,778. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,106/mo property income rather than buyer’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20817, Bethesda, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,838 (100%) |
| Owner Occupied HU | 10,944 (79.1%) |
| Renter Occupied HU | 2,269 (16.4%) |
| Vacant Housing Units | 625 ( 4.5%) |
| Median Home Value | $1,190,385 |
| Average Home Value | $1,272,190 |
Housing Distribution
Address Breakdown
Residential
14,729
Single Family
12,383
Multi-Family
2,346
Businesses
625
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