4550 N Park Ave APT 301, Chevy Chase, MD, 20815 | $567/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4550 N Park Ave APT 301, Chevy Chase, MD, 20815 | $567/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 Chevy Chase at 4550 N Park Ave APT 301, Chevy Chase, MD, 20815 generates $2,899/mo in rent and, after a $1,835/mo payment, leaves $567/mo in cash flow. Total monthly income is $2,899/mo, and annual cash flow is $6,805/yr on $124,313 invested. Return on cash invested sits at 25.38% in year one, and rental yield is 9.28% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 132.26% and total cumulative return in cash sums $164,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,899/mo property income rather than buyer’s personal income.

Condo

Built in 1982

N/A lot

$N/A/sqft

No HOA

More details about the property

Thoughtfully updated one bedroom with comparatively low condo fee. Eat-in kitchen and renovated bathroom. Gorgeous wood floors, excellent closet space and wonderful layout with multiple entertaining areas in the living and dining space. Charming balcony overlooking courtyard and pool. In unit washer/dryer, pet friendly, and assigned parking space in full-service building. The third floor offers tree top greenery outside the windows and easy access to lobby by way of elevator or stairs.

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