1532 N Capitol St NW UNIT 402, Washington, DC, 20002 | 4.73% Rental Yield

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1532 N Capitol St NW UNIT 402, Washington, DC, 20002 | 4.73% Rental Yield | 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 1532 N Capitol St NW UNIT 402, Washington, DC, 20002 generates $3,548/mo in rent, after a $4,405/mo payment. Total monthly income is $3,548/mo. Return on cash invested sits at 13.09% in year one, and rental yield is 4.73% on a $899,900 entry. Equity gained on principal adds $5,807/yr, while 5% annual appreciation builds toward $248,626 over five years. Five-year ROI reaches 65.8% and total cumulative return in cash sums $194,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,548/mo property income rather than buyer’s personal income.

Condo

Built in 2020

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Maddox House and this one of a kind penthouse with over 600 SF of PRIVATE ROOF DECK space! This floor plan was customized and modified during the construction process to feel like a townhome in the sky. The residence boasts two bedrooms & 2.5 baths over two floors with approximately over 1,300 SF of interior space and over 600 SF of private roof deck access. The roof deck doubles as a second living/dining/working space with breathtaking views of our Nation's Capital and Washington Monument - not to mention the rooftop parties and BBQs you could host! The first floor offers an open plan that is drenched with natural light with white wood flooring contrasting the bold black kitchen tiles and crisp white kitchen cabinets. Have the dining table of your dreams and large comfy sofa you deserve - the open floor plan allows for it all! Walk up the bright and airy staircase to your second level with two bedrooms with two en-suite bathrooms. The spacious primary suite boasts a walk in closet and massive wrap-around windows. Prefer a relaxing soak in the tub or an invigorating rainfall shower? You can now enjoy both in your luxurious primary bathroom with dual vanity, oversized shower stall, and separate soaking tub. The guest bedroom also affords abundant space, captivating natural light and en-suite bath. The smart layout allows for this space to easily fit a bed and have a separate home office area. The breathtaking roof deck wraps the entire width and length of the home and can be accessed from the primary suite or guest bedroom providing tons of sunlight and accessibility. From a relaxing dinner al fresco to hosting the party of your dreams - the outdoor space is truly as versatile as it is spectacular! Just imagine working, dining, and relaxing with the two most iconic DC monuments as your background. The total package is completed with a full sized, SECURE PARKING SPACE INCLUDED and additional STORAGE INCLUDED. Located in the vibrant Truxton Circle neighborhood of NW DC, you will enjoy unparalleled access to everything desired out the front door. Just moments from Metro, grocery, Bundy dog park, and local neighborhood favorites such as Big Bear, Pub & The People, and Uncle Chips to name a few!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20002, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	45,543 (100%)
Owner Occupied HU	12,288 (27.0%)
Renter Occupied HU	26,295 (57.7%)
Vacant Housing Units	6,960 (15.3%)
Median Home Value	$826,456
Average Home Value	$892,956