8604 Jones Mill RdChevy ChaseMD20815
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Chevy Chase at 8604 Jones Mill Rd, Chevy Chase, MD, 20815 listed at $849,500 pairs $5,614/mo rent with a $4,158/mo payment to leave $330/mo cash flow. Total monthly income runs $5,614/mo, and annual cash flow reaches $3,965/yr on $279,486 cash to close. Return on cash invested measures 21.48% in year one, and rental yield registers 7.93% at a $849,500 basis. Equity gained on principal adds $5,482/yr, and annual property appreciation at 5% supports $234,701 by year five. Five-year ROI tracks 111.27% and total cumulative return in cash totals $310,977. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,614/mo property income relative to a $4,158/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
7,500 sqft lot
$N/A/sqft
No HOA
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melinda Estridge • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDMC2200770