14512 Elmhan Ct #178-A, Silver Spring, MD, 20906 | $267/mo Cash Flow

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14512 Elmhan Ct #178-A, Silver Spring, MD, 20906 | $267/mo Cash Flow | 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

Investment property for sale in Silver Spring at 14512 Elmhan Ct #178-A, Silver Spring, MD, 20906 uses $149,175 cash to close to unlock $3,201/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $3,066/mo, and a $2,203/mo payment keeps the spread at $267/mo. Purchase price stands at $450,000, and rental yield measures 8.18% with $3,066/mo rent. Return on cash invested shows 22.05% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 114.38% and total cumulative return in cash records $170,622. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,066/mo property income covering a $2,203/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 your next chapter in comfort and community living! This beautifully updated semi-detached home is nestled in the heart of Leisure World, one of the area's most sought-after 55+ communities. Designed with ease and enjoyment in mind, this home features 3 spacious bedrooms and 2 full baths, offering just the right blend of space and style. Step inside to an open, light-filled floor plan with fresh paint and brand-new carpeting throughout the home. The flexible layout adapts to your lifestyle, whether you're hosting family and friends or enjoying a quiet afternoon by the cozy wood-burning fireplace in the living room with the large bay window. The expanded kitchen is a joy to cook in, featuring granite countertops, a new refrigerator and cooktop, and a sunny dining nook thats perfect for casual dining. Step outside to a lovely enclosed patio, your own private retreat for morning coffee, afternoon reading, or socializing with neighbors. The home fronts onto a beautiful green front lawn offering a peaceful, natural setting just outside your door. Additional comforts include a 1-car garage with extra storage and a newer HVAC system (2024) for year-round comfort and peace of mind. As a resident of Leisure World, you'll enjoy a vibrant, active lifestyle with access to two clubhouses, an 18-hole golf course, indoor and outdoor pools, tennis and pickleball courts, and a state-of-the-art fitness center. Scenic walking trails, an on-site medical center, pharmacy, grocery store, and shuttle services make daily living convenient and carefree. Plus, 24-hour gated security ensures added peace of mind. Even better, your Condo/HOA fees cover electricity, water, sewer, and basic cable/internetmaking life here even easier.

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 Rear, Garage Door Opener, Attached, Driveway, 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: LAURA Bach • Compass

Mls Name: Bright MLS

Mls ID: #MDMC2196220

14512 Elmhan Ct #178-A,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

14512 Elmhan Ct #178-ASilver SpringMD20906