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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Chevy Chase at 8101 Connecticut Ave APT N708, Chevy Chase, MD, 20815 earns from $4,352/mo rent with a $4,199/mo payment. Total monthly income totals $4,352/mo. ROI tracks 7.94% on current figures, and rental yield reads 6.09% at a $858,000 purchase. Equity gained on principal adds $5,537/yr, and 5% annual appreciation supports $237,050 over five years. Five-year ROI reaches 41.55% and total cumulative return in cash sums $117,301. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,352/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Large windows in the living room and all three bedrooms provide serene, leafy views, while elegant features throughout the unitlike a wood-burning fireplace and marble countertops and tile in the generously sized kitchenadd timeless charm. A recent renovation includes a reimagined primary suite with expanded closet space, and the unit now boasts more storage than many single-family homes.
Additional highlights include:
Two deeded garage parking spaces
Two private storage units (one on the same floor)
Ample guest parking
A 24/7 front desk for secure deliveries and guest access
Pet-friendly building
Just a 5-minute walk from Amazon Fresh, CVS, Uncorked Wine, StretchLab, and local dining options, this home offers the best of both quiet retreat and urban accessibility. Whether you're downsizing or seeking the convenience of being minutes from downtown Bethesda, this is a perfect place to call home.
Neighborhood data shown for ZIP Code: 20815, Chevy Chase, MD area.
| 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 |
Residential
14,727
Single Family
7,754
Multi-Family
6,973
Businesses
683
Date | Event | Price |
|---|---|---|
| 2025-08-06 | Sold | $858,000 |
| 2025-08-03 | Pending sale | $870,000 |
| 2025-06-25 | Contingent | $870,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-08 | $9516.45 | 4.86% | $820,000 | 4.02% |
| 2024-10-08 | $9075.29 | 4.09% | $788,333 | 4.18% |
| 2023-10-08 | $8718.32 | 8.97% | $756,667 | 4.37% |
Listed by: Erich Cabe • Compass
Mls Name: Bright MLS
Mls Provider:
Mls ID: #MDMC2178328
Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc. [Click here for more information](/mls-disclaimers/#5632)
