1401 Columbia Rd NW APT 403, Washington, DC, 20009 | $807/mo Cash Flow

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1401 Columbia Rd NW APT 403, Washington, DC, 20009 | $807/mo Cash Flow | Ziffy

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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 1401 Columbia Rd NW APT 403, Washington, DC, 20009 earns $807/mo cash flow from $3,001/mo rent with a $1,835/mo payment. Total monthly income totals $3,001/mo, and annual cash flow totals $9,679/yr on $124,313 capital. ROI tracks 27.7% on current figures, and rental yield reads 9.6% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 144.16% and total cumulative return in cash sums $179,211. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,001/mo property income instead of your personal income.

Condo

Built in 1913

N/A lot

$N/A/sqft

No HOA

More details about the property

This NEWLY RENOVATED condo at Adams Court is a turnkey opportunity and one of the best new listings in Columbia Heights. It's ideally located on the building's top floor and faces east with a lovely courtyard view from its private balcony. The home's wide-plank oak floors throughout beautifully complement a new kitchen equipped with walnut cabinets, Calacatta white quartz countertops, stainless steel Samsung appliances and an integrated dishwasher. An LG WashTower and new water heater are cleverly hidden behind cabinetry for a seamless look. The bedroom has two closets and can easily accommodate a king size bed, while the bathroom is complete with a marble top vanity, a tub/shower, and marble tile throughout. The unit has been freshly painted and has an attractively low condo fee ($297/month). The building is pet friendly and offers bike storage, a dog run, a package concierge, and a common laundry room (first floor). It is conveniently located one block from the Columbia Heights Metro (Green line) and within two blocks of Target, New York Sports Club, Giant Food and Lidl, and a myriad of restaurants and shopping.