8805 Altimont LnChevy 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 8805 Altimont Ln, Chevy Chase, MD, 20815 generates $3,951/mo in rent, after a $5,335/mo payment. Total monthly income is $3,951/mo. Return on cash invested sits at 10.76% in year one, and rental yield is 4.35% on a $1,090,000 entry. Equity gained on principal adds $7,034/yr, while 5% annual appreciation builds toward $301,147 over five years. Five-year ROI reaches 53.72% and total cumulative return in cash sums $189,720. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,951/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
9,563 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
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Listed by: Dana Scanlon • Keller Williams Capital Properties
Mls Name: Bright MLS
Mls ID: #MDMC2186536