1801 16th St NW APT 102, Washington, DC, 20009 | $409/mo Cash Flow

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1801 16th St NW APT 102, Washington, DC, 20009 | $409/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 1801 16th St NW APT 102, Washington, DC, 20009 earns $409/mo cash flow from $2,662/mo rent with a $1,884/mo payment. Total monthly income totals $2,662/mo, and annual cash flow totals $4,910/yr on $127,594 capital. ROI tracks 23.76% on current figures, and rental yield reads 8.3% at a $384,900 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,341 over five years. Five-year ROI reaches 123.06% and total cumulative return in cash sums $157,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,662/mo property income instead of your personal income.

Condo

Built in 1917

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Somerset House Where Historic Elegance Meets Modern Luxury Step into this beautifully appointed one-bedroom condo located in the iconic Somerset House, a distinguished Harry Wardman building originally constructed in 1917 and fully renovated in 2014. This residence effortlessly blends Beaux-Arts architectural charm with contemporary upgrades to deliver a truly elevated living experience. The chefs kitchen is outfitted with quartz countertops and a suite of top-tier appliances, including a Miele cooktop and dishwasher, Bertazzoni oven/microwave, Liebherr refrigerator/freezer with ice maker, and a Marvel wine cooler perfect for entertaining or everyday elegance. Retreat to the spacious bedroom featuring wall-to-wall custom closets, while the designer bathroom showcases Kohler fixtures and a glass-enclosed walk-in shower. Throughout the unit, you'll find original hardwood floors, intricate moldings, soaring ceilings, and the convenience of an in-unit Bosch washer and dryer. Condo fee includes: Verizon FIOS internet & cable, water, and amenities such as a fitness center, wine room, dedicated storage unit, bike room and on site front desk services (packages). Pet-friendly and ideally located with a bus stop right outside the front door, this home offers both charm and convenience in one of D.C.s most beloved buildings. Boldly positioned in the heart of Dupont Circle on prestigious 16th Street the Avenue of the Presidents Somerset House offers unbeatable access to D.C.s finest. Just steps from the vibrant restaurants, nightlife, and everyday conveniences of 14th Street, the U Street Corridor, and Dupont Circle, this location is ideal for those who want to be in the center of it all. Surrounded by some of the nations top institutions including Howard University, Catholic University, GW, Johns Hopkins, American University, and Georgetown University and within close reach of major employment centers, associations, and federal offices, Somerset House puts you at the crossroads of education, influence, and power.