5500 Friendship Blvd APT 1422N, Chevy Chase, MD, 20815 | $1,584/mo Cash Flow

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5500 Friendship Blvd APT 1422N, Chevy Chase, MD, 20815 | $1,584/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 1422N, Chevy Chase, MD, 20815 listed at $430,000 pairs $4,259/mo rent with a $2,105/mo payment to leave $1,584/mo cash flow. Total monthly income runs $4,259/mo, and annual cash flow reaches $19,011/yr on $142,545 cash to close. Return on cash invested measures 33.25% in year one, and rental yield registers 11.89% at a $430,000 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,801 by year five. Five-year ROI tracks 174.41% and total cumulative return in cash totals $248,619. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,259/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1968

N/A lot

$N/A/sqft

No HOA

More details about the property

Available again as previous buyers had a change of heart. Opportunity knocks for a savvy buyer! Discover the epitome of versatile living at The Willoughby Condominium in Chevy Chase, MD. This elegantly staged condo offers two spacious bedrooms and a den, providing you with the freedom to transform the space into a third bedroom, a home office, or a formal dining room to suit your lifestyle needs. Step inside to find a beautifully renovated kitchen featuring modern appliances, perfect for culinary enthusiasts. The unit features classic parquet floors throughout, enhancing its timeless appeal, while the freshly painted walls offer a bright and welcoming atmosphere. Unwind on the balcony with its open views, an ideal spot for a tranquil morning coffee or evening relaxation. This residence not only includes a convenient garage but also grants access to an array of community amenities. Indulge in leisurely swims at the pool, maintain your fitness routine in the state-of-the-art fitness center, or enjoy quiet moments in the library. Additional features include a rooftop deck for panoramic views, a meeting/party room for gatherings, and a concierge service to assist with your needsALL utilities included for your convenience. Enhance your lifestyle with the remarkable versatility and abundant amenities offered by this Chevy Chase gem, nestled in the vibrant Friendship Heights neighborhood. Enjoy a host of fantastic dining options just a few blocks away, including Lia's, Clyde's, The Capital Grille, and Sushiko. For your grocery needs, both Whole Foods and Amazon Fresh are conveniently close, offering unparalleled quality and selection. Welcome home!

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