1718 P St NW APT 601, Washington, DC, 20036 | $742/mo Cash Flow

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1718 P St NW APT 601, Washington, DC, 20036 | $742/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 1718 P St NW APT 601, Washington, DC, 20036 offers a 10.26% rental yield on a $275,000 purchase with $2,352/mo rent. Total monthly income registers $2,352/mo, and a $1,346/mo payment leaves $742/mo available for distribution. Annual cash flow reaches $8,910/yr on $91,163 to close, and return on cash invested stands at 29.68% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 154.84% and total cumulative return in cash at $141,155. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,352/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1968

N/A lot

$N/A/sqft

No HOA

More details about the property

10 out of 10 condo in a perfect location just one and a half blocks from the circle in Dupont. Walk in every direction to restaurants, shops, nightlife, exercise, and work. Public transportation is easy with bus stops within the block and metro rail only 3 blocks away. This is the perfect pied-a-terre with an extremely functional layout to provide ample space for living/dining and bedroom in this studio condo. Excellent light too! The building offers a front desk staff, nicely appointed lobby and a beautiful rooftop pool for swimming or relaxing on these hot summer days. Condo fee includes all utilities except for cable/internet. Come and enjoy this great unit for yourself, a family member or as an investment. Current owners have always had it as an investment condo and rents very easily.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20036, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,592 (100%)
Owner Occupied HU	1,131 (24.6%)
Renter Occupied HU	2,781 (60.6%)
Vacant Housing Units	680 (14.8%)
Median Home Value	$531,985
Average Home Value	$695,480