1822 15th St NW APT 107, Washington, DC, 20009 | $510/mo Cash Flow

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1822 15th St NW APT 107, Washington, DC, 20009 | $510/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 1822 15th St NW APT 107, Washington, DC, 20009 listed at $323,000 pairs $2,401/mo rent with a $1,581/mo payment to leave $510/mo cash flow. Total monthly income runs $2,401/mo, and annual cash flow reaches $6,126/yr on $107,075 cash to close. Return on cash invested measures 25.63% in year one, and rental yield registers 8.92% at a $323,000 basis. Equity gained on principal adds $2,084/yr, and annual property appreciation at 5% supports $89,239 by year five. Five-year ROI tracks 133.09% and total cumulative return in cash totals $142,509. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,401/mo property income relative to a $1,581/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1885

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to The Drewa pet-friendly, boutique building nestled on a charming tree-lined street in the heart of one of DCs most exciting neighborhoods. Just steps from celebrated restaurants, buzzing nightlife, and a variety of shops, this prime location offers the perfect mix of energy and ease. With both the Red and Green Line Metro stations and multiple Capital Bikeshare docks nearby, getting around the city couldnt be simpler. Unit 107 combines style, comfort, and practicality. Positioned just inside the main entrance, it offers easy access without long walks through common areas. Large east-facing bay windows flood the space with morning light, while 9-foot ceilings create an open, airy atmosphere. Ideal as a first-time home, a chic pied--terre, or an investment property, this residence offers flexibility to suit your needs. Recently refreshed from top to bottom, this residence showcases new LVT flooring, an updated kitchen with a stylish tile backsplash, new dishwasher, new microwave, recessed lighting, and a beautifully renovated, spa-inspired bathroom featuring a modern vanity, luxury tile, and designer lighting. Fresh paint throughout enhances the bright, inviting atmosphere, while an efficient floor plan maximizes every square foot with three generous closets offering excellent storage. Situated at the quiet corner of 15th & Swann, youre just moments from Trader Joes, Whole Foods, and Le Diplomate. Whether youre heading out to explore or simply enjoying the peaceful setting, this home makes it easy to enjoy the very best of city living.