7515 Spring Lake Dr APT D2, Bethesda, MD, 20817 | $254/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7515 Spring Lake Dr APT D2, Bethesda, MD, 20817 | $254/mo Cash Flow | Ziffy

For Sale

Listed for sale 5 days ago

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

Investment property for sale in Bethesda at 7515 Spring Lake Dr APT D2, Bethesda, MD, 20817 listed at $360,000 pairs $2,493/mo rent with a $1,762/mo payment to leave $254/mo cash flow. Total monthly income runs $2,493/mo, and annual cash flow reaches $3,048/yr on $119,340 cash to close. Return on cash invested measures 22.46% in year one, and rental yield registers 8.31% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 116.57% and total cumulative return in cash totals $139,113. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,493/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1960

N/A lot

$N/A/sqft

No HOA

More details about the property

Blow Market Price - One of the largest four-bedroom condos in the community, offering 1,399 square feet of living space. Fully renovated in 2022, this property combines modern updates with spacious comfort. Conveniently located near Montgomery Mall, local shops, and public transportation. A comparable four-bedroom unit recently sold for $399,000. The condo fee includes all utilities. Dont miss this incredible opportunity! Open House on Saturday 12/20/2025 from 11:00 am til 2:00 pm.

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