2141 I St NW APT 207, Washington, DC, 20037 | $562/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2141 I St NW APT 207, Washington, DC, 20037 | $562/mo Cash Flow | Ziffy

For Sale

Currently Rented

Rental Income

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 2141 I St NW APT 207, Washington, DC, 20037 offers a 9.72% rental yield on a $249,900 purchase with $2,024/mo rent. Total monthly income registers $2,024/mo, and a $1,223/mo payment leaves $562/mo available for distribution. Annual cash flow reaches $6,738/yr on $82,842 to close, and return on cash invested stands at 28.04% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 146.05% and total cumulative return in cash at $120,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,024/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover the perfect pied--terre or investment opportunity in the heart of DC at The President, nestled in the highly sought-after Foggy Bottom neighborhood. This charming condo combines classic design with modern convenience, featuring timeless parquet floors and updated countertops and cabinets. Additional storage space adds to the units overall appeal, and with a current tenant in place until July 2025, its an excellent turnkey investment option. Residents of The President can take advantage of a stunning roof deck offering panoramic city viewsideal for both relaxation and entertaining. The prime location ensures easy access to boutique shopping, acclaimed dining, and the luxurious lobbies of nearby five-star hotels. Outdoor enthusiasts will appreciate the proximity to Rock Creek Park for serene walks or invigorating runs. With a Walk Score of 97, Transit Score of 90, and Bike Score of 93, this condo is a commuters dream. The Foggy Bottom Metro Station is just blocks away, providing easy connectivity to the entire DC Metro area. Everyday conveniences are within reachWhole Foods, Trader Joes, SoulCycle, and Equinox are all steps awaywhile George Washington University, Georgetown, and Washington Harbor are also close by. Whether youre looking for a DC retreat or a strong addition to your investment portfolio, this condo at The President offers the perfect blend of convenience, charm, and modern urban living. Dont miss this opportunity to own a piece of the coveted Foggy Bottom lifestyle.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20037, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,694 (100%)
Owner Occupied HU	2,548 (23.8%)
Renter Occupied HU	6,452 (60.3%)
Vacant Housing Units	1,694 (15.8%)
Median Home Value	$978,316
Average Home Value	$1,152,383