1615 Q St NW APT T1, Washington, DC, 20009 | $736/mo Cash Flow

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1615 Q St NW APT T1, Washington, DC, 20009 | $736/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 1615 Q St NW APT T1, Washington, DC, 20009 generates $4,014/mo in rent and, after a $2,741/mo payment, leaves $736/mo in cash flow. Total monthly income is $4,014/mo, and annual cash flow is $8,836/yr on $184,240 invested. Return on cash invested sits at 24.86% in year one, and rental yield is 8.6% on a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 128.9% and total cumulative return in cash sums $237,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,014/mo property income rather than buyer’s personal income.

Condo

Built in 1895

N/A lot

$N/A/sqft

No HOA

More details about the property

Rarely available two-level condo in the iconic Cairo, one of Dupont Circles most historic and sought-after buildings! This unique terrace-level home offers the feel of a townhouse with updates throughout and a private patio oasis perfect for entertaining or relaxing. The main level features a renovated kitchen, a spacious dining area, and a living room with sliding doors opening to the patio. Upstairs, you'll find a generous primary bedroom with soaring ceilings and oversized windows, a spacious second bedroom with ample closet space, and a fully updated bathroom. In-unit washer/dryer may be possible.Enjoy the Cairos incredible 360-degree rooftop views of DC, ideal for lounging or hosting guests. The building offers a Concierge and is pet-friendly (2 pets allowed). Just 3 blocks to Dupont Metro and moments from Safeway, Whole Foods, Trader Joes, and the vibrant 17th Street corridor. With a 97 Walk Score, this is city living at its bestdont miss this rare opportunity!