5500 Friendship Blvd APT 1221N, Chevy Chase, MD, 20815 | $351/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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5500 Friendship Blvd APT 1221N, Chevy Chase, MD, 20815 | $351/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 5500 Friendship Blvd APT 1221N, Chevy Chase, MD, 20815 earns $351/mo cash flow from $1,563/mo rent with a $954/mo payment. Total monthly income totals $1,563/mo, and annual cash flow totals $4,207/yr on $64,643 capital. ROI tracks 26.42% on current figures, and rental yield reads 9.62% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 137.81% and total cumulative return in cash sums $89,086. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,563/mo property income instead of your personal income.

Condo

Built in 1968

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this spacious, light-filled studio condo at The Willoughby of Chevy Chasea fantastic opportunity to own in the heart of Friendship Heights! This well-maintained unit features a flexible open layout, abundant natural light streaming through a wall of windows, and plenty of space to arrange your living, dining, and sleeping areas. The kitchen offers ample cabinet space and gas cooking, perfect for your culinary needs. Enjoy a lifestyle of convenience with a 24-hour concierge, a rooftop pool and sundeck, fitness center, library, party room, on-site mini-market, and Italian restaurantall included in the low condo fee that covers all utilities! Garage parking is available for sale or rent if needed, and laundry rooms are conveniently located on every floor. Just steps to Friendship Heights Metro, Whole Foods, Bloomingdales, high-end shops, restaurants, parks, and the Capital Crescent Trail. A free building shuttle makes getting around easy. Dont miss this incredible chance to own a charming studio in a prime locationschedule your tour today!

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