7120 Silverleaf Oak Rd UNIT 228, Elkridge, MD, 21075 | $355/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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7120 Silverleaf Oak Rd UNIT 228, Elkridge, MD, 21075 | $355/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

Rental property for sale in Elkridge at 7120 Silverleaf Oak Rd UNIT 228, Elkridge, MD, 21075 generates $3,060/mo in rent and, after a $2,129/mo payment, leaves $355/mo in cash flow. Total monthly income is $3,060/mo, and annual cash flow is $4,257/yr on $144,169 invested. Return on cash invested sits at 22.86% in year one, and rental yield is 8.44% on a $434,900 entry. Equity gained on principal adds $2,806/yr, while 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 118.71% and total cumulative return in cash sums $171,149. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,060/mo property income rather than buyer’s personal income.

Townhouse

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

SPACIOUS 3 LEVEL TOWNHOME STYLE CONDO WITH 2 CAR GARAGE IS MOVE-IN READY LOADED WITH FEATURES INCLUDES 2 OVERSIZED LIGHT FILLED BEDROOMS ON THE TOP LEVEL. ESCAPE TO THE HUGE PRIMARY SUITE BOAST VAULTED CEILINGS, ROOMY CLOSETS, CEILING FAN AND MORE. THE PRIMARY BATH HAS AN OVERSIZED SOAK TUB FOR RELAXATION, LARGE SEPARATE SHOWER, DUAL SINK VANITY AND ROOM TO ROAM. BEDROOM 2 HAS PLENTY OF CLOSET SPACE, VAULTED CEILINGS AND ROOM TO GROW. THE UPPER LEVEL HALL BATH HAS A TUB AND SHOWER COMBO AND READY FOR YOUR EVERYDAY NEEDS. UPPER LAUNDRY AREA WITH WASHER AND DRYER. THE MAIN LEVEL BOAST A BEAUTIFUL OPEN LIVING AND DINING ROOM THAT IS GREAT FOR ENTERTAINING AND EVERYDAY USE AND RECESS LIGHTS. THE KITCHEN IS OPEN TO LIVING AND DINING AREA AND FEATURES THE SAMSUNG SHOWCASE REFRIGERATOR, STAINLESS STEEL APPLIANCES (DISHWASHER, SMOOTHTOP RANGE, BUILT-IN MICROWAVE AND REFRIGERATOR), UPGRADED 42 INCH CABINETS, GRANITE COUNTERTOPS, DOUBLE SINKS, PANTRY, RECESS LIGHTS AND MORE. FOR YOUR CONVENIENCE THIS LEVEL ALSO HAS A POWDER ROOM AND COAT OR STORAGE CLOSET. THE ENTRY LEVEL HAS GREETING AREA, COAT CLOSET, STORAGE AREA, 2 CAR GARAGE, UTILITY ROOM, DEN/STUDY OR POSSIBLE 3RD BEDROOM. ENOY EASY ACCESS TO MAJOR ROADS(I-95, RT 32, RT 1, RT 100, RT 29, RT 295), EMPLOYMENT, EDUCATION, WASHINGTON, DC, BALTIMORE, COLUMBIA, SUPERB SHOPPING, DINING, ENTERTAINMENT, PARKS, RECREATION AND SO MUCH MORE. AN OPPORTUNITY WAITING FOR YOU. SOLD AS IS. SCHEDULE YOUR APPOINTMENT TODAY!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 21075, Elkridge, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,735 (100%)
Owner Occupied HU	8,811 (64.1%)
Renter Occupied HU	4,584 (33.4%)
Vacant Housing Units	340 ( 2.5%)
Median Home Value	$514,340
Average Home Value	$560,891