4601 N Park Ave APT 1401-AChevy ChaseMD20815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Chevy Chase at 4601 N Park Ave APT 1401-A, Chevy Chase, MD, 20815 offers a 10.55% rental yield on a $340,000 purchase with $2,988/mo rent. Total monthly income registers $2,988/mo, and a $1,664/mo payment leaves $874/mo available for distribution. Annual cash flow reaches $10,482/yr on $112,710 to close, and return on cash invested stands at 29.21% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 152.78% and total cumulative return in cash at $172,194. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,988/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,727
Single Family
7,754
Multi-Family
6,973
Businesses
683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Neil Bacchus • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #MDMC2214462