1715 15th St NW APT 44, Washington, DC, 20009 | $385/mo Cash Flow

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1715 15th St NW APT 44, Washington, DC, 20009 | $385/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 1715 15th St NW APT 44, Washington, DC, 20009 offers a 7.92% rental yield on a $515,000 purchase with $3,400/mo rent. Total monthly income registers $3,400/mo, and a $2,521/mo payment leaves $385/mo available for distribution. Annual cash flow reaches $4,626/yr on $169,435 to close, and return on cash invested stands at 22.79% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 117.83% and total cumulative return in cash at $199,645. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,400/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1929

N/A lot

$N/A/sqft

No HOA

More details about the property

*OPEN SUNDAY 10/19 1-3! Welcome to this incredibly charming and stylishly updated jewel box of a home that truly lives like a house, with a low fee and no pet restrictions. Enter through the expansive and private, gated patio a magical spot for dinner parties, Sunday brunch, and so much more. Step inside to find a wonderful open floorplan with a romantic wood-burning fireplace, rich hardwood floors, a convenient powder room, and a gourmet kitchen featuring granite countertops and stainless steel appliances. The hardwood floors continue upstairs where you will fall in love with the sumptuous primary suite, featuring a spa-like full bathroom with walk-in shower, multiple closets, built-in bookshelves, a custom exposed brick wall, and a lovely home office area. Parking ($250/mo) and on-site storage ($25/mo) are available for rent with no waiting list. Located steps from numerous grocery stores (Trader Joe's, Whole Foods, MOM's Organic Market), award-winning restaurants as well as neighborhood taverns with a multitude of take-out options, locally-owned shops, yoga and fitness studios, hardware stores, and the Red, yellow, and Green Line Metros, this home boasts an outstanding Walk Score of 94 out of 100: A Walker's Paradise! Bishop's Gate Condominium is a unique urban oasis. The former school, convent, chapel, and courtyard walkways were originally part of St. Augustine's Church and were restored and converted to condominiums by the architectural firm Michael & Michael of Alexandria, Virginia. 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. Pets are welcome.