1401 Columbia Rd NW APT 414, Washington, DC, 20009 | $206/mo Cash Flow

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1401 Columbia Rd NW APT 414, Washington, DC, 20009 | $206/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

Rental property for sale in Washington at 1401 Columbia Rd NW APT 414, Washington, DC, 20009 generates $2,546/mo in rent and, after a $1,957/mo payment, leaves $206/mo in cash flow. Total monthly income is $2,546/mo, and annual cash flow is $2,469/yr on $132,567 invested. Return on cash invested sits at 21.77% in year one, and rental yield is 7.64% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 112.39% and total cumulative return in cash sums $148,988. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,546/mo property income rather than buyer’s personal income.

Condo

Built in 1913

N/A lot

$N/A/sqft

No HOA

More details about the property

Experience urban living at its finest in this charming penthouse unit located in the heart of Columbia Heights. This historic Beaux Arts building, constructed in 1913, seamlessly blends classic architecture with modern conveniences, making it a perfect retreat in a vibrant neighborhood. Step inside this inviting one-bedroom, one-bathroom apartment, where you'll find a well-appointed kitchen featuring stainless steel appliances, including a built-in microwave, dishwasher, and electric oven/range. Whether you're whipping up a gourmet meal or enjoying a quick breakfast, this space is designed for both functionality and style. The in-unit washer and dryer add an extra layer of convenience, allowing you to tackle laundry days with ease. The living area opens up to a delightful balcony, perfect for sipping your morning coffee or unwinding after a long day while soaking in the neighborhood's lively atmosphere. With on-street parking and secure entry features like an intercom and security gate, you can enjoy peace of mind in this bustling community. Columbia Heights is renowned for its eclectic mix of shops, restaurants, and parks, all just a stone's throw away. Enjoy leisurely strolls to local cafes or take advantage of the nearby common grounds for outdoor relaxation. This penthouse unit is not just a place to live; it's a lifestyle waiting to be embraced. Don't miss your chance to call this vibrant community home!