7333 New Hampshire Ave APT 510, Takoma Park, MD, 20912 | $738/mo Cash Flow

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7333 New Hampshire Ave APT 510, Takoma Park, MD, 20912 | $738/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 Takoma Park at 7333 New Hampshire Ave APT 510, Takoma Park, MD, 20912 listed at $249,000 pairs $2,287/mo rent with a $1,219/mo payment to leave $738/mo cash flow. Total monthly income runs $2,287/mo, and annual cash flow reaches $8,857/yr on $82,544 cash to close. Return on cash invested measures 30.64% in year one, and rental yield registers 11.02% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 160.48% and total cumulative return in cash totals $132,464. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,287/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1967

N/A lot

$N/A/sqft

No HOA

More details about the property

This spacious open floor plan 2 BR, 2 full bath condo unit offers the comfort of building living with the luxury of today's updates. ALL utilities included in condo fee. The unit 's bright disposition with light coming through the previously replaced windows and slider makes waking up and being in this unit a breath of fresh air. The open kitchen, living and dining area offer so much versatility with a private balcony looking out to trees. The kitchen offers upgraded beautiful cabinets, stainless steel appliances and elegant granite counters with an island/peninsula overlooking the large living and dining area perfect for entertaining or just plain spacious living. the first bedroom offers a perfect 2nd bedroom, guest room/office space. The hall bath is perfect for guests or everyday use. The large owner's suite with a large walk-in closet and its own elegant en-suite bath is the perfect private space to relax and unwind. Beautiful hardwood floors are included through the rooms except for the newer elegant LVP flooring in both bedrooms. This unit offers three large walk-in closets for more storage than one would expect in this type of unit. The secure lobby and on-site management company add to your comfort and security. One assigned spot plus available free guest parking available. Combo washer/dryer is included in this unit. Close to shopping, restaurants and lots to do in and near downtown Silver Spring and Takoma Park.

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