15015 Haslemere Ct, Silver Spring, MD, 20906 | $453/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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15015 Haslemere Ct, Silver Spring, MD, 20906 | $453/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 15015 Haslemere Ct, Silver Spring, MD, 20906 earns $453/mo cash flow from $2,816/mo rent with a $1,860/mo payment. Total monthly income totals $2,816/mo, and annual cash flow totals $5,430/yr on $125,970 capital. ROI tracks 24.22% on current figures, and rental yield reads 8.89% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 126.01% and total cumulative return in cash sums $158,737. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,816/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

Don't miss this beautiful home renovation in Leisure World, a 55+ retirement community. Everything in the unit has been completely remodeled and updated, from flooring and fixtures to cabinetry and appliances, plus new complete HVAC heat pump in 2024! Brand new kitchen with stainless steel appliances and granite countertops. Both bathrooms have also been completely renovated - new tile, vanities, fixtures, etc. Brand new carpeting and paint throughout. NEW HVAC system installed in July '24 (an $8,000 value!). Condominium fee covers all utilities, basic cable and internet, all exterior home maintenance, and lawn maintenance. The Leisure World community is loaded with amenities: miles of walking paths, a golf course, two clubhouses with restaurants, indoor swimming pool, fitness center, racquet/pickleball courts, free shuttle service to the shopping center to include Giant Food, restaurants, banking, and shopping. Tons of social clubs to get involved in and coordinated activities are always happening through the community. There is something for everyone!

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