14507 Elmhan Ct #182-B, Silver Spring, MD, 20906 | 6.84% Rental Yield

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14507 Elmhan Ct #182-B, Silver Spring, MD, 20906 | 6.84% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

Total monthly income runs $2,473/mo, and a $2,124/mo payment. Purchase price stands at $434,000, and rental yield measures 6.84% with $2,473/mo rent. Return on cash invested shows 18.02% in year one, and 5% annual appreciation builds toward $119,906 over five years. Five-year ROI reaches 92.77% and total cumulative return in cash records $133,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,473/mo property income covering a $2,124/mo payment rather than investor’s personal income.

Condo

Built in 1971

N/A lot

$N/A/sqft

No HOA

More details about the property

. Welcome to this beautifully updated three-bedroom, two-bath home in Leisure World, perfectly situated on a private cul-de-sac. This turnkey property has been completely renovated and is ready for its new owner. The brand-new kitchen features granite countertops and stainless-steel appliances, while the living room, dining room, and hallways boast new flooring. All three bedrooms include new carpeting, and both bathrooms have been fully renovated with new vanities, tub and shower combinations, toilets, and flooring. Fresh paint throughout and new closet doors add the finishing touches to this inviting home. The property also includes a two-car garage, offering convenient and secure parking. Leisure World is a gated 55+ community known for its outstanding amenities, including a beautiful golf course, two swimming pools (one indoor), fitness center, community centers, restaurants, and a variety of clubs and activities. Conveniently located just off Connecticut Avenue, this home provides easy access to shopping, dining, and major commuter routes. Sellers are motivated, and this home is move-in readydont miss the opportunity to make it yours. Please note that at settlement, the buyer will be responsible for the following fees payable to Leisure World of Maryland Corporation: a $350 membership transfer fee, and a contribution to the Resale Improvement Fund equal to 3% of the gross sales price or $2,000, whichever is greater. PLEASE DO NOT LOCK TOP LOCK! Photos are forthcoming.

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

Housing Distribution

Address Breakdown

Residential

27,137

Single Family

15,766

Multi-Family

11,371

Businesses

453

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1971
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Garage Faces Front, Garage Door Opener, Inside Entrance, Attached, Driveway, Off Street, On Street

Location

City: Silver Spring
State: MD
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Kisha Martin-Burney • Compass

Mls Name: Bright MLS

Mls ID: #MDMC2194734

14507 Elmhan Ct #182-B,Silver Spring,MD,20906

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

14507 Elmhan Ct #182-BSilver SpringMD20906