5500 Friendship Blvd APT 2124N, Chevy Chase, MD, 20815 | $714/mo Cash Flow

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5500 Friendship Blvd APT 2124N, Chevy Chase, MD, 20815 | $714/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 2124N, Chevy Chase, MD, 20815 offers a 11.77% rental yield on a $199,000 purchase with $1,952/mo rent. Total monthly income registers $1,952/mo, and a $974/mo payment leaves $714/mo available for distribution. Annual cash flow reaches $8,572/yr on $65,969 to close, and return on cash invested stands at 32.9% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 172.6% and total cumulative return in cash at $113,862. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,952/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1968

N/A lot

$N/A/sqft

No HOA

More details about the property

Light-filled studio in The Willoughby of Chevy Chase with hardwood floors and refreshed kitchen and bathroom finishes. Enjoy full-service living with 24/7 concierge, fitness center and swimming pool. Just moments to Friendship Heights Metro, DC, and a wide selection of dining and retail. Laundry on every floor and all utilities included in the condo fee. Garage parking available for rent (subject to availability). No pets. A clean, convenient, and effortless urban 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