4515 Willard Ave APT 1208S, Chevy Chase, MD, 20815 | $957/mo Cash Flow

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4515 Willard Ave APT 1208S, Chevy Chase, MD, 20815 | $957/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 Chevy Chase at 4515 Willard Ave APT 1208S, Chevy Chase, MD, 20815 uses $87,848 cash to close to unlock $11,482/yr annual cash flow and $957/mo monthly cash flow. Total monthly income runs $2,605/mo, and a $1,297/mo payment keeps the spread at $957/mo. Purchase price stands at $265,000, and rental yield measures 11.8% with $2,605/mo rent. Return on cash invested shows 32.98% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 172.97% and total cumulative return in cash records $151,947. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,605/mo property income covering a $1,297/mo payment rather than investor’s personal income.

Condo

Built in 1968

N/A lot

$N/A/sqft

No HOA

More details about the property

Renovated and Absolutely Gorgeous 1-bedroom 1-bath condo on the 12th floor in the highly sought-after Willoughby of Chevy Chase. WITH A GREAT VIEW! Thoughtfully updated with soothing and modern hues, this sunny residence features an updated open-concept kitchen with a granite countertop and stainless steel appliances. Zen-like feel throughout this contemporary residence with luxury vinyl plank floors in the living and dining room that opens up to a spacious, hard-to-find private balcony overlooking MD and DC skylight. Bright and spacious bedroom with a brand new carpet. Updated Master Bathroom. This home features 2 convectors, plentiful storage. Utilities (gas, water, electric) and great amenities are included in the Condo fee - rooftop pool, gym, library. What a Wonderful opportunity to purchase the carefree city life you crave with access to all the amenities life has to offer just outside your door. Prime Upscale Location in Friendship Heights. Just blocks to Whole Foods, The Capita Grille, Lias, Sushi Ko, Bloomingdale's, Wisconsin Place shops, and high-end retail shopping like Saks Fifth Avenue. The nearby Friendship Heights Metro can take you anywhere you want to go in the city. Building Amenities include a relaxing and private Rooftop Pool, Sun Deck, Fitness Center, 24/7 Concierge, secured entry, in-building Mini-Market, Alfios Italian Restaurant, and even a free building Shuttle to Metro and Shopping Mortgage savings may be available for buyers of this listing

Neighborhood Data

Neighborhood data shown for ZIP Code: 20815, Chevy Chase, MD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,595 (100%)
Owner Occupied HU	8,444 (57.9%)
Renter Occupied HU	5,001 (34.3%)
Vacant Housing Units	1,150 ( 7.9%)
Median Home Value	$1,296,465
Average Home Value	$1,355,746