1816 New Hampshire Ave NW APT 701, Washington, DC, 20009 | $897/mo Cash Flow

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1816 New Hampshire Ave NW APT 701, Washington, DC, 20009 | $897/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

Rental property for sale in Washington at 1816 New Hampshire Ave NW APT 701, Washington, DC, 20009 generates $2,472/mo in rent and, after a $1,317/mo payment, leaves $897/mo in cash flow. Total monthly income is $2,472/mo, and annual cash flow is $10,767/yr on $89,174 invested. Return on cash invested sits at 31.98% in year one, and rental yield is 11.03% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 167.2% and total cumulative return in cash sums $149,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,472/mo property income rather than buyer’s personal income.

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Step into sophisticated city living with this beautifully renovated studio condo perched on the 7th floor of The Concord Condominium, nestled in the heart of Washington, DCs vibrant Dupont Circle neighborhood. Unit 701 is a sun-soaked, stylish retreat boasting sweeping city views from your own private balconyperfect for morning coffee or winding down with the sunset. This meticulously maintained residence features a modern, open-concept layout designed for both comfort and functionality. The large and sleek kitchen showcases flows effortlessly into the light-filled living area with ample space for dining, relaxing, or working from home. Large windows bathe the entire unit in natural light, enhancing the warm LVP floors and crisp finishes. The unit also conveys with extra storage. The Concord offers secure entry and professional management in a charming mid-rise building rich with character. Located on iconic New Hampshire Avenue NW, you're just moments from acclaimed restaurants, boutique shopping, Metro access, and all the cultural gems of Dupont Circle and Adams Morgan. Whether you're a first-time buyer, urban professional, or investor, this move-in ready studio offers an exceptional opportunity to own a slice of DC with style, sunlight, and sweeping city charm. Welcome home to Unit 701 at The Concord.