4601 N Park Ave APT 510K, Chevy Chase, MD, 20815 | $1,098/mo Cash Flow

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4601 N Park Ave APT 510K, Chevy Chase, MD, 20815 | $1,098/mo Cash Flow | Ziffy

Off market

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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 4601 N Park Ave APT 510K, Chevy Chase, MD, 20815 offers a 13.19% rental yield on a $242,800 purchase with $2,669/mo rent. Total monthly income registers $2,669/mo, and a $1,188/mo payment leaves $1,098/mo available for distribution. Annual cash flow reaches $13,181/yr on $80,488 to close, and return on cash invested stands at 36.28% in year one. Equity gained on principal adds $1,567/yr while 5% annual appreciation supports $67,081 over five years. Portfolio math shows five-year ROI at 191.05% and total cumulative return in cash at $153,773. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,669/mo property income against a $1,188/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1975

1 Acres lot

$N/A/sqft

No HOA

More details about the property

GREAT INVESTMENT PROPERTY! Comes with current tenant with lease through 2 29 2020!! Lease transfers to new owner. Spacious 860 sq ft centrally located and just a stones throw away from Washington DC and 9 miles from the new Amazon headquarters. Bright, oversized 1 bedroom with 1 bath. Front load W D. Secured garage. Lots of natural light from the large windows with beautiful views of trees and open space, wonderful amenities including indoor pool, 24 hr concierge. Bus pulls in front drive, 2 blocks Whole Foods and indoor access to metro. ALL utilities incl in condo fee,

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