12216 Charles Rd, Silver Spring, MD, 20906 | $123/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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12216 Charles Rd, Silver Spring, MD, 20906 | $123/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 12216 Charles Rd, Silver Spring, MD, 20906 uses $169,435 cash to close to unlock $1,472/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $3,326/mo, and a $2,521/mo payment keeps the spread at $123/mo. Purchase price stands at $515,000, and rental yield measures 7.75% with $3,326/mo rent. Return on cash invested shows 20.93% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 108.33% and total cumulative return in cash records $183,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,326/mo property income covering a $2,521/mo payment rather than investor’s personal income.

Single Family

Built in 1946

5,385 sqft lot

$N/A/sqft

No HOA

More details about the property

An exceptional opportunity awaits in Veirs Mill Village! This charming 1,000+ sq ft residence combines move-in convenience with exciting potential. Enjoy three bedrooms, two bathrooms (2nd bath has shower rough-in), finished basement and an inviting outdoor living with a generous, flat, fenced-in yard and covered patio perfect for entertaining or relaxing evenings. Ideally situated, enjoy the best of the community with this unbeatable location that puts shopping, dining, and recreation right at your fingertipsfrom Ellsworth Place and Giant Food to Sligo Creek Trail and Acorn Park. The Silver Spring Recreation and Aquatic Center provides year-round fitness and fun. Commuters will love being minutes from the Silver Spring Metro Station for Red Line and MARC access, along with the Metropolitan Branch Trail that offers a direct bike or walking route into D.C. Perfect size, perfect location - This charming home is awaits your personal touches to transform into exactly what youve been dreaming of. Schedule your tour today- opportunities like this dont last long!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20906, Silver Spring, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,199 (100%)
Owner Occupied HU	17,677 (65.0%)
Renter Occupied HU	8,174 (30.1%)
Vacant Housing Units	1,348 ( 5.0%)
Median Home Value	$493,091
Average Home Value	$533,723