402 Elm Ave, Takoma Park, MD, 20912 | 4.55% Rental Yield

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402 Elm Ave, Takoma Park, MD, 20912 | 4.55% Rental Yield | 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 Takoma Park at 402 Elm Ave, Takoma Park, MD, 20912 earns from $3,222/mo rent with a $4,160/mo payment. Total monthly income totals $3,222/mo. ROI tracks 11.2% on current figures, and rental yield reads 4.55% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 56.15% and total cumulative return in cash sums $157,030. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,222/mo property income instead of your personal income.

Single Family

Built in 1951

5,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Completely renovated and move-in ready, this stunning home blends modern style with classic Takoma Park charm. Featuring luxury vinyl flooring, all-new doors and hardware, two full designer baths, and a sleek white kitchen with quartz countertops, stainless steel appliances, and a subway tile backsplash. Upgrades continue outside with expanded driveway pavers, a new rear stone patio perfect for entertaining, new windows, and updated mechanical systems for efficiency and comfort. Located just 0.7 miles from downtown Takoma Park, enjoy walkable access to shops, restaurants, cafes, music venues, and the farmers market. Parks, playgrounds, and the Takoma Metro Station (0.9 mi) are all nearby, making commuting and recreation a breeze. 3 Bedrooms / 2 Bathrooms Fully Renovated Interior New Kitchen + Baths Expanded Driveway + New Patio New Windows & Systems Walkable to Metro, Parks, Dining, & More Don't miss this rare opportunity to own a stylishly updated home in one of Takoma Parks most desirable neighborhoods!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20912, Takoma Park, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,181 (100%)
Owner Occupied HU	4,539 (44.6%)
Renter Occupied HU	5,184 (50.9%)
Vacant Housing Units	458 ( 4.5%)
Median Home Value	$762,250
Average Home Value	$787,597