5500 Friendship Blvd APT 1217N, Chevy Chase, MD, 20815 | $465/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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5500 Friendship Blvd APT 1217N, Chevy Chase, MD, 20815 | $465/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

Rental property for sale in Chevy Chase at 5500 Friendship Blvd APT 1217N, Chevy Chase, MD, 20815 generates $3,588/mo in rent and, after a $2,423/mo payment, leaves $465/mo in cash flow. Total monthly income is $3,588/mo, and annual cash flow is $5,575/yr on $164,093 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 8.7% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 121.23% and total cumulative return in cash sums $198,922. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,588/mo property income rather than buyer’s personal income.

Apartment

Built in 1968

1 Acres lot

$N/A/sqft

No HOA

More details about the property

All persons must wear face coverings to enter the building and unit.ALL UTILITIES, AMENITIES AND PARKING INCLUDED IN RENT. Beautiful, sunny and spacious corner unit with wall-to-wall windows. Separate living and dining areas with storage room. Relax on your private balcony, perfect for outdoor enjoyment!Dual entry kitchen with gas cooking, ample cupboards, granite countertops, and generous pantries. Large, light-filled primary bedroom (en-suite bathroom), and bright secondary bedroom offer multiple closets. Both full bathrooms are newly remodeled with rain shower heads. Building offers wonderful amenities including a relaxing and private rooftop pool, sun deck, terrace - where you can watch the July 4 fireworks, fitness center, library, common Wi-Fi areas, 24/7 concierge, secured entry, mini-market, and Alfioas Italian Restaurant. FREE Shuttle service will take you to shops, restaurants and Friendship Heights Metro (2 blocks away). Building has no pets policy with exceptions for service animals. Smoking not permitted in unit.Across the street from Whole Foods, Bloomingdales, Mei-Wai, Roti and Potbelly. Couple of blocks from Mazza Gallery, Chevy Chase Pavillion, Saks Fifth Avenue, Tiffanyas, Liaas, Sushi Ko, Clydeas, Starbucks, Le Pain Quotidien, The Capital Grille, Cheesecake Factory, Maggianoas, AMC Theater and more. Vibrant neighborhood also has several green spaces, parks and the Capital Crescent Trail surrounding it.

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