4620 N Park Ave APT 805W, Chevy Chase, MD, 20815 | $822/mo Cash Flow

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4620 N Park Ave APT 805W, Chevy Chase, MD, 20815 | $822/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

Investment property for sale in Chevy Chase at 4620 N Park Ave APT 805W, Chevy Chase, MD, 20815 offers a 9.76% rental yield on a $429,900 purchase with $3,496/mo rent. Total monthly income registers $3,496/mo, and a $2,104/mo payment leaves $822/mo available for distribution. Annual cash flow reaches $9,869/yr on $142,512 to close, and return on cash invested stands at 26.83% in year one. Equity gained on principal adds $2,774/yr while 5% annual appreciation supports $118,773 over five years. Portfolio math shows five-year ROI at 140.03% and total cumulative return in cash at $199,555. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,496/mo property income against a $2,104/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

Bright 2 Bedroom, 2 Bath unit in the heart of Chevy Chase. This unit features breathtaking Cityscape Views through panoramic Floor-to-Ceiling Windows. The kitchen has ample counter space, granite countertops, and stainless steel appliances. The primary bedroom ensuite is a relaxing retreat with walk-in closets and a large primary bathroom. The second bedroom offers flexibility as a den or home office with French doors and a large closet. This condo is located close to metro, Whole Foods, Amazon Fresh, shopping, restaurants and more! The building is luxury city living with all you need. Enjoy a free shuttle bus to the metro, a modern lobby with 24 hour concierge and security, outdoor swimming pool, sauna, fitness center and library.

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