4620 N Park Ave APT 1611, Chevy Chase, MD, 20815 | $733/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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4620 N Park Ave APT 1611, Chevy Chase, MD, 20815 | $733/mo Cash Flow | 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

Rental property for sale in Chevy Chase at 4620 N Park Ave APT 1611, Chevy Chase, MD, 20815 generates $2,568/mo in rent and, after a $1,444/mo payment, leaves $733/mo in cash flow. Total monthly income is $2,568/mo, and annual cash flow is $8,797/yr on $97,793 invested. Return on cash invested sits at 28.91% in year one, and rental yield is 10.45% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 151.17% and total cumulative return in cash sums $147,830. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,568/mo property income rather than buyer’s personal income.

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 1-bedroom condo in the heart of Chevy Chase. Perched on the 16th floor, this light-filled unit features a charming bedroom with a large box window, walk-in closet, and custom built-in shelving and cabinetry. The updated kitchen offers a cozy table space, perfect for casual dining, while the expansive living room showcases gleaming hardwood floors and opens to a generous balcony with sweeping views. Enjoy the convenience of in-unit washer/dryer, one assigned garage parking space, and all utilities included in the condo fee. This smoke-free building boasts top-tier amenities including a swimming pool, fitness center, sauna, library, party room, and 24-hour front desk service. Unbeatable locationjust steps to Metro, shops, restaurants, and minutes from downtown Bethesda and Washington, DC. Whether you're commuting or exploring, everything you need is right at your doorstep!

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