4601 N Park Ave APT 613Chevy ChaseMD20815
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.76 makes 4601 N Park Ave APT 613, Chevy Chase, MD, 20815 in Chevy Chase one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 9.47%. The 9.47% yield, 5% annual appreciation ($179,583 over five years), and $5,987/yr in principal reduction project a total cumulative return of $316,523.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.3% |
| Monthly Cash Flow | $(516) | $450 |
City averages based on Chevy Chase market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,130 |
| Total Monthly Debt Service | $3,784 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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: William Wu • Samson Properties
Mls Name: Bright MLS
Mls ID: #MDMC2212244