1332 15th St NW APT 2, Washington, DC, 20005 | $1,657/mo Cash Flow

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1332 15th St NW APT 2, Washington, DC, 20005 | $1,657/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 Washington at 1332 15th St NW APT 2, Washington, DC, 20005 uses $169,435 cash to close to unlock $19,890/yr annual cash flow and $1,657/mo monthly cash flow. Total monthly income runs $4,672/mo, and a $2,521/mo payment keeps the spread at $1,657/mo. Purchase price stands at $515,000, and rental yield measures 10.89% with $4,672/mo rent. Return on cash invested shows 31.8% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 166.14% and total cumulative return in cash records $281,497. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,672/mo property income covering a $2,521/mo payment rather than investor’s personal income.

Condo

Built in 1918

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome the charm and energy of this perfect Logan Circle location mixed with the quiet and restorative nature of this large 2 Bedroom Condo located just around the corner from Whole Foods. Freshly painted and featuring hardwood floors throughout, the tall ceilings and natural light extend throughout the condo. The original stained woodwork and historic details have been thoughtfully maintained. The large foyer opens to a dining area which is separate yet open to the living room, allowing for space and separation simultaneously. The updated kitchen displays granite counters with additional prep space and cabinetry, tile backsplash, plenty of storage and countertop space. Enjoy the convenience of the pegboard wall for hanging cookware/pots and pans. A new refrigerator, gas stove and an in-unit washer/dryer (2025) complete the kitchen. Display your books, collectibles and adornments on the glass shelving units! The pet-friendly building also features a common courtyard with grills, extra option for laundry room in the building's basement (however, remember your washer/dryer is in your unit), and a membership to the Holiday Inn's rooftop swimming pool (included in your condo fee)! Again, located just around the corner from Whole Foods, and in the middle of everything downtown DC. Inquire at the Holiday Inn about a monthly parking pass! Conveniently located between Logan Circle and Dupont Circle. Commuters will appreciate the convenience of nearby bus locations and the Dupont Metro, cycling access, etc!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20005, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,710 (100%)
Owner Occupied HU	2,336 (24.1%)
Renter Occupied HU	6,232 (64.2%)
Vacant Housing Units	1,142 (11.8%)
Median Home Value	$709,828
Average Home Value	$833,652