8605 Erdem PlChevy ChaseMD20815
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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
Investment Highlights
Rental property for sale in Chevy Chase at 8605 Erdem Pl, Chevy Chase, MD, 20815 priced at $1,922,000 converts $3,607/mo rent into after a $9,407/mo obligation. Total monthly income equals $3,607/mo. Return on cash invested prints 4.29% in year one, and rental yield reads 2.25% against a $1,922,000 entry. Equity gained on principal adds $12,402/yr, while 5% annual appreciation compiles into $531,013 by year five. Five-year ROI reaches 19.01% and total cumulative return in cash sums $118,354. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,607/mo property income covering a $9,407/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A 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
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Listed by: N/A • Toll Brothers
Mls Name: Toll Brothers Inc.
Mls Provider:
Mls ID: #N/A