5500 Friendship Blvd APT 819N, Chevy Chase, MD, 20815 | $921/mo Cash Flow

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5500 Friendship Blvd APT 819N, Chevy Chase, MD, 20815 | $921/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 819N, Chevy Chase, MD, 20815 earns $921/mo cash flow from $3,091/mo rent with a $1,708/mo payment. Total monthly income totals $3,091/mo, and annual cash flow totals $11,047/yr on $115,694 capital. ROI tracks 29.46% on current figures, and rental yield reads 10.63% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 154.09% and total cumulative return in cash sums $178,272. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,091/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 a one-of-a-kind unit in The Willoughby. Kitchen was designed with functionality + beauty in mind. Shiny finish cabinets not only sparkle, but are easy to clean . Every imaginable feature included: large lazy Susan corner cabinet, spice drawer, pullout drawers are sufficiently deep for large pots and pans and easy on your back! Under-counter filter for water eliminates need to buy bottled water. Extra-large Samsung fridge has bottom freezer and excellent capacity. Other stainless appliances include 3-level dishwasher and 5-burner gas stove. Wall cabinets are not only tall, but deep enough for your platters and large plates. Luxury Vinyl Tile completes this thoughtfully planned out kitchen. Sliding doors keep odors in and work space out of sight. Additionally, there is an area in the kitchen where you can drink your morning coffee while you catch up on emails. The patio is at least as large as the living room. Current owner has planted azaleas that bloom in Spring and Fall, but it is yours to landscape as you wish. Great private entertaining area right off the living room, but viewable from the bedroom as well as the den/guest room/office which is a welcome feature in a one-bedroom unit. Blinds in the bedroom are adjustable to block light or not. Generous closet space throughout. Additional storage room on the 8th floor holds up to 5 of your extra items (suitcases, seasonal decorations). Gas, electricity, water, master insurance included in condo fee. The chandelier in the dining area DOES NOT convey. The building has 24/7 concierge, a book club, speaker series, activities on the rooftop from time to time. In addition to the pool, there is a sundeck, library and rooftop lounge with open wi-fi. Current projects include garage updating and installation of fire alarm. The building has bike storage. Additional bonus to this unit: two parking spaces included on level G4 right across from the North elevators. Tandem spot.If you don't need both spots, you can rent them out. Seller is licensed real estate agent.

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

Housing Distribution

Address Breakdown

Residential

14,727

Single Family

7,754

Multi-Family

6,973

Businesses

683

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1968
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Garage Faces Front, Garage Door Opener, Other, Assigned, Attached

Location

City: Chevy Chase
State: MD
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Christine Malich • Samson Properties

Mls Name: Bright MLS

Mls ID: #MDMC2191740

5500 Friendship Blvd APT 819N,Chevy Chase,MD,20815

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

5500 Friendship Blvd APT 819NChevy ChaseMD20815