1613 Harvard St NW APT 102, Washington, DC, 20009 | $229/mo Cash Flow

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1613 Harvard St NW APT 102, Washington, DC, 20009 | $229/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 1613 Harvard St NW APT 102, Washington, DC, 20009 offers a 7.66% rental yield on a $429,000 purchase with $2,740/mo rent. Total monthly income registers $2,740/mo, and a $2,100/mo payment leaves $229/mo available for distribution. Annual cash flow reaches $2,746/yr on $142,214 to close, and return on cash invested stands at 21.84% in year one. Equity gained on principal adds $2,768/yr while 5% annual appreciation supports $118,525 over five years. Portfolio math shows five-year ROI at 112.75% and total cumulative return in cash at $160,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,740/mo property income against a $2,100/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1923

N/A lot

$N/A/sqft

No HOA

More details about the property

This beautifully renovated residence offers thoughtfully designed space where quality materials and modern craftsmanship shine. Elevated from the street and overlooking an expansive, walled courtyard, the home enjoys a rare sense of privacy and openness in the heart of the city. Completely reimagined in 2020, the kitchen and bath were gutted and rebuilt with exceptional attention to detail. The kitchen features quartz countertops, frameless Elmwood cabinetry, and a full suite of Bosch appliancesincluding a washer and dryer discreetly housed in a dedicated laundry walk-in. Every fixture and finish was selected for harmony and refinement: Buster & Punch switches and matching cabinet hardware, Niveous pendant lighting, and a Ball ceiling fan by Modern Fan Company all contribute to the homes polished, contemporary character. The bath is an elegant retreat, finished with full-height vertical tile for a clean and timeless aesthetic. Light, proportion, and craftsmanship come together to create a home that feels both modern and enduring. Set within a classic pre-war building, residents enjoy a grand lobby that reflects the buildings original architectural grace, along with two elevators, a well-equipped fitness room, and a dedicated bike storage room. Just off Mount Pleasant Street, the property enjoys immediate access to one of D.C.s most vibrant neighborhood corridorslined with independent cafs, restaurants, and local favorites including Elle, Beau Thai, Haydees, and Dos Gringos. The Mount Pleasant Farmers Market enlivens weekends, and nearby Rock Creek Park offers a natural sanctuary just moments away. A perfect blend of design, comfort, and communitythis elevated residence offers a truly refined take on Mount Pleasant living.