4515 Willard Ave APT 2105S, Chevy Chase, MD, 20815 | $508/mo Cash Flow

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4515 Willard Ave APT 2105S, Chevy Chase, MD, 20815 | $508/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 2105S, Chevy Chase, MD, 20815 uses $69,449 cash to close to unlock $6,101/yr annual cash flow and $508/mo monthly cash flow. Total monthly income runs $1,811/mo, and a $1,025/mo payment keeps the spread at $508/mo. Purchase price stands at $209,500, and rental yield measures 10.37% with $1,811/mo rent. Return on cash invested shows 28.69% in year one, and 5% annual appreciation builds toward $57,881 over five years. Five-year ROI reaches 150.02% and total cumulative return in cash records $104,187. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,811/mo property income covering a $1,025/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

Charming sun-filled studio with a separately deeded garage parking space at The Willoughby, located in the heart of Friendship Heights. This residence offers comfort and convenience in one of the DC Metro Areas most sought-after neighborhoodsjust steps from everything. Interior Features: South-facing unit with beautiful views through a picturesque window. Recently updated kitchen featuring quartz countertops, gas stove and generous cabinetry. Queen-size Murphy bed with built-in cabinets on each side, maximizing space and functionality. Beautifully renovated full bath with a contemporary vanity and stylish finishes. Two closet spaces and wood floors. Parking & Fees: Includes one separately deeded garage parking space (G41). Low monthly condo fee of $377.92 covers all utilities, garage parking and building amenities. Building Amenities: Rooftop pool and sundeck, fitness center and sauna, 24/7 concierge and secure entry, convenience store and Alfios Italian Restaurant, and Complimentary building shuttle to shopping and metro hubs. Unbeatable Location: Nestled in the vibrant heart of Friendship Heights, everything you need is just steps away: 2 blocks to the Metro. World-class shopping: Saks Fifth Avenue, Tiffany & Co, Bloomingdales, Talbots, Gourmet dinings, Lias, Sushi Ko, Maggianos, Cheesecake Factory, Whole Foods and a new Trader Joe's expected to be open in November. Natural light, views, thoughtful upgrades, and a well-designed living space make Unit 2105S a truly welcoming home.

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