4601 N Park Ave APT 211-LChevy ChaseMD20815
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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
Investment Highlights
Investment property for sale in Chevy Chase at 4601 N Park Ave APT 211-L, Chevy Chase, MD, 20815 offers a 6.74% rental yield on a $618,000 purchase with $3,470/mo rent. 82% in year one. Equity gained on principal adds $3,988/yr while 5% annual appreciation supports $170,742 over five years. Portfolio math shows five-year ROI at 41.67% and total cumulative return in cash at $84,731. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,470/mo property income against a $3,025/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
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Listed by: Wendy Banner • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDMC2177642
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