12001 Old Columbia Pike APT 714, Silver Spring, MD, 20904 | $143/mo Cash Flow

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12001 Old Columbia Pike APT 714, Silver Spring, MD, 20904 | $143/mo Cash Flow | Ziffy

For Sale

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 Silver Spring at 12001 Old Columbia Pike APT 714, Silver Spring, MD, 20904 earns $143/mo cash flow from $1,524/mo rent with a $1,087/mo payment. Total monthly income totals $1,524/mo, and annual cash flow totals $1,714/yr on $73,593 capital. ROI tracks 22.24% on current figures, and rental yield reads 8.24% at a $222,000 purchase. Equity gained on principal adds $1,433/yr, and 5% annual appreciation supports $61,335 over five years. Five-year ROI reaches 115.38% and total cumulative return in cash sums $84,915. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,524/mo property income instead of your personal income.

Condo

Built in 1975

N/A lot

$N/A/sqft

No HOA

More details about the property

IMPECCABLE TOP-TO-BOTTOM RENOVATION FOR THIS PICTURE-PERFECT 2 BEDROOM, 2 BATH CONDO (1,117 SQFT)! Dont miss this beautifully remodeled, high-floor condo offering spacious rooms, modern finishes, and stunning sunset views from a large north-facing balcony through brand-new floor-to-ceiling sliding glass doors. Prime Location! Just minutes from the vibrant heart of downtown Silver Spring and within a mile of major retailers including Amazon Fresh, Target, Kohls, and Home Depot. Enjoy close proximity to popular restaurants, Starbucks, and local parks plus easy access to the ICC and I-495 for a seamless commute. Modern Living at its Best: This stylish 2-bedroom, 2-bath home showcases a sleek, contemporary kitchen with top-of-the-line stainless steel appliances, soft-close cabinetry, and an in-unit washer and dryer for ultimate convenience. Recent updates include a new electric panel, thermostat, and HVAC system for peace of mind and year-round comfort. Enjoy open-concept living and dining areas filled with natural light, enhanced by dimmable recessed lighting and new carpet flooring that is perfect for entertaining or relaxing in style. Primary Suite Retreat: The spacious primary bedroom offers a custom walk-in closet with adjustable ClosetMaid ShelfTrack system and a fully renovated en-suite bath featuring day/night lighting, a modern vanity, a large shower, and generous storage. The second full-size bedroom boasts abundant natural light and easy access to a beautifully updated second full bathroom. Designed with ample storage throughout, this home combines function and sophistication in every detail. You dont want to miss this move-in-ready dream condo, so schedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20904, Silver Spring, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,229 (100%)
Owner Occupied HU	11,239 (52.9%)
Renter Occupied HU	9,043 (42.6%)
Vacant Housing Units	947 ( 4.5%)
Median Home Value	$594,619
Average Home Value	$630,777