1625 Eckington Pl NE APT 507, Washington, DC, 20002 | $249/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1625 Eckington Pl NE APT 507, Washington, DC, 20002 | $249/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 1625 Eckington Pl NE APT 507, Washington, DC, 20002 earns $249/mo cash flow from $1,758/mo rent with a $1,262/mo payment. Total monthly income totals $1,758/mo, and annual cash flow totals $2,986/yr on $85,494 capital. ROI tracks 23.4% on current figures, and rental yield reads 8.18% at a $257,900 purchase. Equity gained on principal adds $1,664/yr, and 5% annual appreciation supports $71,253 over five years. Five-year ROI reaches 121.12% and total cumulative return in cash sums $103,554. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,758/mo property income instead of your personal income.

Condo

Built in 2021

N/A lot

$N/A/sqft

No HOA

More details about the property

DHCD Inclusionary Zoning **IZ UNIT** NEW at Eckington Place! Total maximum annual incomes (pre-tax amounts, projected over the next 12 months) for all persons who will live in this 80% MFI unit, by household size: $86,650 (1 person) and $99,000 (2 people). Buyers must be DHCD Inclusionary Zoning Program Approved. See Sales Manager for Details. New Construction and MOVE-IN READY! This new building is located near the vibrant H Street Corridor and Union Market for culture, dining and nightlife; easy access to Union Station. Sophisticated selections abound including Hardwood look vinyl flooring throughout, Tile Baths with Designer Accent fixtures, Quartz Countertops, High Ceilings, Bosch Appliances including Stacked Frontload Washer/Dryer, Bottom Freezer Refrigerator, Dishwasher, Microwave/Oven combination

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