1668 Trinidad Ave NE APT 2, Washington, DC, 20002 | $480/mo Cash Flow

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1668 Trinidad Ave NE APT 2, Washington, DC, 20002 | $480/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 1668 Trinidad Ave NE APT 2, Washington, DC, 20002 listed at $359,900 pairs $2,587/mo rent with a $1,762/mo payment to leave $480/mo cash flow. Total monthly income runs $2,587/mo, and annual cash flow reaches $5,761/yr on $119,307 cash to close. Return on cash invested measures 24.74% in year one, and rental yield registers 8.63% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 128.33% and total cumulative return in cash totals $153,110. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,587/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1935

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to your ideal urban retreat! This inviting two-bedroom, one-bath condo with private outdoor space offers modern living in the heart of the vibrant Trinidad neighborhood. Perfectly situated at 1668 Trinidad Avenue NE, Unit 2, this home combines style, convenience, and comfort for todays busy lifestyle. Step inside to discover a light-filled living space with central air conditioning, ensuring year-round comfort. The layout flows seamlessly from the living and dining area to kitchen, creating an ideal environment for relaxing or entertaining. The kitchen is both functional and stylish, featuring sleek countertops, ample cabinet space, and updated appliances. Preparing meals will be a delight in this thoughtfully designed culinary space. Both bedrooms are generously sized, offering plenty of room for relaxation or work-from-home flexibility. The full bath is modern and well-appointed, ensuring your daily routines are met with ease. This condo also includes the added convenience of an in-unit washer and dryer, saving you time and effort on laundry days. Plus, its pet-friendly, so your furry companions are welcome to join you in your new home. Located in the thriving Trinidad neighborhood, youll be just moments away from local parks, dining, shopping, and entertainment options. Commuting is a breeze with easy access to public transportation and major thoroughfares. Dont miss this incredible opportunity to own a stylish and comfortable condo in one of DCs most sought-after areas. Whether youre a first-time buyer, downsizing, or looking for an investment, this condo offers it all. Schedule your tour today and experience the perfect blend of urban living and modern convenience! THIS PROPERTY QUALIFIES FOR A UNITED BANK LOW SUB-MARKET INTEREST RATE AND $10,000 CREDIT FROM THE BANK.

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