16612 Medinah CtSilver SpringMD20861
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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
Investment Highlights
Rental property for sale in Silver Spring at 16612 Medinah Ct, Silver Spring, MD, 20861 generates $5,376/mo in rent, after a $8,076/mo payment. Total monthly income is $5,376/mo. Return on cash invested sits at 9.4% in year one, and rental yield is 3.91% on a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation builds toward $455,865 over five years. Five-year ROI reaches 46.44% and total cumulative return in cash sums $248,249. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,376/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20861, Ashton, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 955 (100%) |
| Owner Occupied HU | 844 (88.4%) |
| Renter Occupied HU | 93 ( 9.7%) |
| Vacant Housing Units | 18 ( 1.9%) |
| Median Home Value | $946,856 |
| Average Home Value | $1,009,597 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
119
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Listed by: CARLTON STEPHENSON • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDMC2213278