4620 N Park Ave APT 1003W, Chevy Chase, MD, 20815 | 6.12% Rental Yield

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4620 N Park Ave APT 1003W, Chevy Chase, MD, 20815 | 6.12% Rental Yield | 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

Investment property for sale in Chevy Chase at 4620 N Park Ave APT 1003W, Chevy Chase, MD, 20815 offers a 6.12% rental yield on a $715,000 purchase with $3,648/mo rent. 98% in year one. Equity gained on principal adds $4,614/yr while 5% annual appreciation supports $197,541 over five years. Portfolio math shows five-year ROI at 81.8% and total cumulative return in cash at $192,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,648/mo property income against a $3,500/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 4620 North Park, a stylishly updated 2BR/2BA condo situated in the lively heart of Friendship Heights, straddling D.C. and Maryland. Located in a highly desirable building that recently underwent a stunning multi-million dollar lobby renovation, residents benefit from full-service living with excellent amenities such as 24/7 concierge and front desk service, a fitness center, sauna, library, party room, seasonal outdoor pool, on-site management, and maintenance. The unit includes 2 tandem parking spaces in the garage, a storage unit, and the condo fees cover all utilities for maximum convenience and value. This modern condo features gleaming hardwood floors throughout, a sleek kitchen with granite countertops and stainless steel appliances, an in-unit washer/dryer, a recently renovated bathroom, and a private terrace overlooking Washington, DC, and Northern Virginia, with views of the lush courtyard views and the pool below, ideal for outdoor dining or relaxing. The location is unbeatable. Just four blocks from the Metro, with a free community shuttle to Friendship Heights shopping and dining, providing easy access to Bethesda, downtown D.C., and Northern Virginia. Outside, explore premier stores like Tiffany & Co., Saks, and Bloomingdale's, and enjoy dining at Clyde's, Junction Bistro, and Hunter's Hound, as well as nearby grocery favorites like Whole Foods and Amazon Fresh. Nature enthusiasts will also value the nearby Willard Avenue Park & Trail for some green space. Urban vibrancy, neighborhood charm, and resort-style amenities - this property truly offers it all. Also available for rent : MLS# MDMC2206614

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

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1973
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Garage Door Opener, Inside Entrance, Underground, Assigned, Parking Space Conveys, Garage

Location

City: Chevy Chase
State: MD
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Andres S. Morejon • Serhant

Mls Name: Bright MLS

Mls ID: #MDMC2205354

4620 N Park Ave APT 1003W,Chevy Chase,MD,20815

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

4620 N Park Ave APT 1003WChevy ChaseMD20815