1641 Carriage House Ter APT F, Silver Spring, MD, 20904 | $260/mo Cash Flow

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1641 Carriage House Ter APT F, Silver Spring, MD, 20904 | $260/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 1641 Carriage House Ter APT F, Silver Spring, MD, 20904 earns $260/mo cash flow from $1,349/mo rent with a $857/mo payment. Total monthly income totals $1,349/mo, and annual cash flow totals $3,121/yr on $58,013 capital. ROI tracks 25.29% on current figures, and rental yield reads 9.25% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 131.82% and total cumulative return in cash sums $76,471. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,349/mo property income instead of your personal income.

Condo

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

*ATTN : INVESTORS AND FIRST TIME HOMEBUYERS* 2 beds, 2.5 bath, great location. Bring your vision. Unlimited potential. Property needs work. Sold strictly AS-IS. No repairs, no warranties just opportunity.dont miss your chance to make it yours! ** FHA APPROVED - Condo Project ID: P007854* Project was approved on: 01/02/2025 *

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