1715 15th St NW APT 41, Washington, DC, 20009 | 6.64% Rental Yield

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1715 15th St NW APT 41, Washington, DC, 20009 | 6.64% 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 1715 15th St NW APT 41, Washington, DC, 20009 generates $3,594/mo in rent, after a $3,181/mo payment. Total monthly income is $3,594/mo. Return on cash invested sits at 18.88% in year one, and rental yield is 6.64% on a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 96.88% and total cumulative return in cash sums $207,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,594/mo property income rather than buyer’s personal income.

Townhouse

Built in 1929

N/A lot

$N/A/sqft

No HOA

More details about the property

If you are sick of cookie cutter condos, prepare to fall in love! Charming 2BR townhouse w/open floorplan, hardwood floors, wood-burning fireplace, enormous private terrace in gated community steps to 14th Street restaurants and fun. On-site, secure gated parking available for purchase for $50,000. This one checks every box! An oasis in the city! Pets welcome! Bright, sunny, open floorplan, kitchen with premium countertops, laundry upper level, Central AC (2020). Enjoy the city's best and most walkable neighborhood! The main level of this home features a foyer entrance, green leafy views, and light wood floors. The gourmet kitchen boasts premium countertops, stainless steel appliances and an oversized window that is perfect for your kitchen herb garden. Hardwood floors continue in both bedrooms on the upper level where there is a stacked washer and dryer, full bathroom and nice sized storage closet. Additional storage available for rent for a very nominal fee ($25/month). Bishops Gate Condominium is a wonderful gated community with meticulous landscaping and green space, community grills and picnic areas. Located within walking distance of many fabulous restaurants, cozy cafes, unique shops, gourmet grocers, fitness centers, dog parks, and both the Red & Green Line Metro, this home boasts an outstanding Walkability Score of 94 out of 100, making it a Walker's Paradise. The former school, convent, chapel and courtyard walkways of Bishop's Gate Condominium were originally part of St. Augustine's Church and were restored and converted to condominiums by the architectural firm of Michael & Michael. Bishop's Gate was listed as a DC Landmark in the National Registry of Historic Places as part of the Greater Fourteenth Street Historic District on August 22, 1994.