1516 10th St NW APT 102, Washington, DC, 20001 | $751/mo Cash Flow

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1516 10th St NW APT 102, Washington, DC, 20001 | $751/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 1516 10th St NW APT 102, Washington, DC, 20001 uses $112,677 cash to close to unlock $9,015/yr annual cash flow and $751/mo monthly cash flow. Total monthly income runs $2,741/mo, and a $1,664/mo payment keeps the spread at $751/mo. Purchase price stands at $339,900, and rental yield measures 9.68% with $2,741/mo rent. Return on cash invested shows 27.91% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 145.33% and total cumulative return in cash records $163,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,741/mo property income covering a $1,664/mo payment rather than investor’s personal income.

Condo

Built in 1916

N/A lot

$N/A/sqft

No HOA

More details about the property

Unbelievable Investment at a New Price!!! This one-bedroom condo in the heart of Shaw offers the ideal mix of modern comfort and unbeatable location. Whether you're a first-time buyer, a downsizer whos done with yard work, or an investor looking for a solid rental in a high-demand areathis unit checks all the boxes. Inside, youll find hardwood floors, stainless steel appliances, and an in-unit washer/dryer. The shared outdoor patio space is perfect for morning coffee, evening wine, or just escaping your four walls without committing to actual gardening. Located just one block from Dog Daze Social Club and two blocks from Shaw Dog Park, this home is a dream for dog ownersor just people who appreciate friendly neighbors with cute pets. And when its time to eat, you're surrounded by DCs most diverse and delicious offerings. Walk to Family Ethiopian Restaurant (a local gem), Benitos Place, Nina May, San Lorenzo, Sun deVich, and of course, the entire 14th Street dining scene. The building allows rentals, so if youre looking to invest, this is a high-appeal, low-maintenance property in a neighborhood thats always in demand. Live here. Rent it out. Either way, you win.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20001, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	31,258 (100%)
Owner Occupied HU	7,610 (24.3%)
Renter Occupied HU	19,069 (61.0%)
Vacant Housing Units	4,579 (14.6%)
Median Home Value	$858,542
Average Home Value	$926,439