8629 Geren Rd #29-3Silver 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 8629 Geren Rd #29-3, Silver Spring, MD, 20901 generates $3,050/mo in rent and, after a $1,713/mo payment, leaves $873/mo in cash flow. Total monthly income is $3,050/mo, and annual cash flow is $10,479/yr on $116,022 invested. Return on cash invested sits at 28.94% in year one, and rental yield is 10.46% on a $349,990 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,696 over five years. Five-year ROI reaches 151.35% and total cumulative return in cash sums $175,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,050/mo property income rather than buyer’s personal income.
Townhouse
Built in 1940
N/A 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: Jenn Werner • RE/MAX Town Center
Mls Name: Bright MLS
Mls ID: #MDMC2209962