2113 Fort Davis St SE APT 102, Washington, DC, 20020 | $212/mo Cash Flow

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2113 Fort Davis St SE APT 102, Washington, DC, 20020 | $212/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 2113 Fort Davis St SE APT 102, Washington, DC, 20020 listed at $119,995 pairs $914/mo rent with a $587/mo payment to leave $212/mo cash flow. Total monthly income runs $914/mo, and annual cash flow reaches $2,544/yr on $39,778 cash to close. Return on cash invested measures 26.3% in year one, and rental yield registers 9.14% at a $119,995 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,152 by year five. Five-year ROI tracks 136.67% and total cumulative return in cash totals $54,366. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $914/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1940

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this well-appointed 1BR/1BA condo in the quiet enclave of Fairfax Village, one of the best kept secrets in Washington. This first level condo is freshly painted, has a neutral decor, and is ready for immediate occupancy. Features incl an open floorpan, updated kitchen w/ SS Appliance, pecan hardwoods, and in-unit washer/dryer. Great location - close to Metro Bus Line/Skyland Town Center/Fort Dupont Park/Capitol Hill, and 295. Financing - Cash, Conventional, FHA Approved. The condo fee includes water/management/community lawn care. Electric utilities paid separately. Off-street parking. Contact LA w/ questions or to schedule a private tour. This unit is priced for an immediate sale, don't miss this rare opportunity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20020, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,460 (100%)
Owner Occupied HU	6,831 (27.9%)
Renter Occupied HU	15,173 (62.0%)
Vacant Housing Units	2,456 (10.0%)
Median Home Value	$436,983
Average Home Value	$485,945