8601 Manchester Rd APT 214Silver 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
Rental property for sale in Silver Spring at 8601 Manchester Rd APT 214, Silver Spring, MD, 20901 generates $2,033/mo in rent and, after a $734/mo payment, leaves $536/mo in cash flow. Total monthly income is $2,033/mo, and annual cash flow is $6,435/yr on $49,725 invested. Return on cash invested sits at 32.85% in year one, and rental yield is 16.26% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 177.29% and total cumulative return in cash sums $88,158. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,033/mo property income rather than buyer’s personal income.
Condo
Built in 1985
846 sqft lot
$N/A/sqft
$564 monthly 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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