1631 Carriage House Ter APT D, Silver Spring, MD, 20904 | $321/mo Cash Flow

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1631 Carriage House Ter APT D, Silver Spring, MD, 20904 | $321/mo Cash Flow | Ziffy

For Sale

Rental Income

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 1631 Carriage House Ter APT D, Silver Spring, MD, 20904 offers a 9.39% rental yield on a $199,997 purchase with $1,565/mo rent. Total monthly income registers $1,565/mo, and a $979/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,852/yr on $66,299 to close, and return on cash invested stands at 25.72% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,255 over five years. Portfolio math shows five-year ROI at 134.11% and total cumulative return in cash at $88,915. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,565/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1984

0.01 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover modern condo living at its finest in this beautifully updated two-bedroom, one-bathroom home that proves good things really do come in perfectly designed packages. This main-level gem features two bedrooms positioned at opposite ends for maximum privacy because everyone deserves their own sanctuary. The heart of this home showcases an open concept design where the kitchen flows seamlessly into the combined living and dining area. Stainless steel appliances and granite countertops add that chef-worthy touch, while the primary bedroom boasts large windows that flood the space with natural light. The contemporary bathroom features modern fixtures that make your morning routine feel like a spa experience. Step outside to your private patio the perfect spot for morning coffee or evening relaxation. Inside conveniences include in-unit laundry facilities, because who has time for laundromat adventures? Parking is a breeze with a one-car garage plus an additional driveway space, totaling room for up to three vehicles when you include the visitor pass system. The garage sits conveniently at the rear of the building. This Silver Spring location puts you within easy reach of Maryland-National Capital Park for outdoor recreation, quality schools like Springbrook High School, and convenient shopping at Trader Joe's. Public transportation options keep you connected to the broader area. Whether you're seeking a comfortable home or exploring rental income potential, this turnkey property delivers modern amenities in a prime location. The thoughtful layout and quality finishes create a space that's move-in ready and perfectly positioned for contemporary living. Call helpful agent for more info!

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

Housing Distribution

Address Breakdown

Residential

21,652

Single Family

12,306

Multi-Family

9,346

Businesses

673

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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1 Bath
380 sft

801 N Pitt St APT 306, Alexandria, VA, 22314

- Bed
1 Bath
456 sft

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1900 Lyttonsville Rd APT 514, Silver Spring, MD, 20910

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Townhouse
Year Built: 1984
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, Inside Entrance, Attached

Location

City: Silver Spring
State: MD
Subdivision: N/A
Lot Size: 0.01 sqft
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: Gary Walker • RE/MAX Realty Services

Mls Name: Bright MLS

Mls ID: #MDMC2198448

1631 Carriage House Ter APT D,Silver Spring,MD,20904

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

1631 Carriage House Ter APT DSilver SpringMD20904