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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Silver Spring at 930 Wayne Ave APT 207, Silver Spring, MD, 20910 generates $2,255/mo in rent and, after a $1,463/mo payment, leaves $396/mo in cash flow. Total monthly income is $2,255/mo, and annual cash flow is $4,750/yr on $99,119 invested. Return on cash invested sits at 24.7% in year one, and rental yield is 9.05% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 128.58% and total cumulative return in cash sums $127,450. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,255/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 20910, Silver Spring, MD area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,434 (100%) |
| Owner Occupied HU | 7,296 (29.9%) |
| Renter Occupied HU | 15,439 (63.2%) |
| Vacant Housing Units | 1,699 ( 7.0%) |
| Median Home Value | $776,171 |
| Average Home Value | $792,623 |
Residential
23,580
Single Family
6,970
Multi-Family
16,610
Businesses
2,029
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carmen Fontecilla • Compass
Mls Name: Bright MLS
Mls ID: #MDMC2202468
