5500 Friendship Blvd APT 2321N, Chevy Chase, MD, 20815 | 13.1% Rental Yield

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5500 Friendship Blvd APT 2321N, Chevy Chase, MD, 20815 | 13.1% Rental Yield | Ziffy

Off market

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

Rental property for sale in Chevy Chase at 5500 Friendship Blvd APT 2321N, Chevy Chase, MD, 20815 generates $1,933/mo in rent, after a $867/mo payment. Total monthly income is $1,933/mo. Return on cash invested sits at 18.23% in year one, and rental yield is 13.1% on a $177,100 entry. Equity gained on principal adds $1,143/yr, while 5% annual appreciation builds toward $48,929 over five years. Five-year ROI reaches 100.66% and total cumulative return in cash sums $59,094. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,933/mo property income rather than buyer’s personal income.

Condo

Built in 1970

1 Acres lot

$N/A/sqft

$883 monthly HOA

More details about the property

Stunning day time and night time views from wall of windows in this 23rd floor efficiency. Great space, large bathroom and updated kitchen. What a value in the heart of Friendship Heights... In a full service building that includes 24 hour front desk, convenience store, gym, rooftop pool, and so much more. Walk to Metro, Whole Foods and lots of great restaurants and shops.

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