2201 L St NW APT 515, Washington, DC, 20037 | $1,034/mo Cash Flow

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2201 L St NW APT 515, Washington, DC, 20037 | $1,034/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 2201 L St NW APT 515, Washington, DC, 20037 offers a 11.16% rental yield on a $299,900 purchase with $2,789/mo rent. Total monthly income registers $2,789/mo, and a $1,468/mo payment leaves $1,034/mo available for distribution. Annual cash flow reaches $12,403/yr on $99,417 to close, and return on cash invested stands at 32.38% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 169.32% and total cumulative return in cash at $168,328. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,789/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Apartment

Built in 1967

95 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this bright and stylish studio in the prestigious Carriage House Condominium, located in D.C.s coveted West End and directly adjacent to the Ritz-Carlton. Freshly renovated with plank flooring, updated kitchen and bath, modern light fixtures, and electrical upgrades throughout, this airy unit features floor to ceiling windows, private balcony with Ritz views, generous closet space, and is washer/dryer ready. The pet-friendly building offers 24-hour concierge service, a rooftop pool and deck, bike storage, on-site management, and a laundry roomall with ALL utilities included in the condo fee. With a Walk Score of 99, enjoy easy access to Foggy Bottom, Dupont Circle, and Farragut North Metros, as well as Georgetown, GW University and Hospital, World Bank, Equinox, Whole Foods, Trader Joes, and top dining like Mercy Me and Tatte Bakery. This is sophisticated city living at its finestideal for professionals seeking comfort, convenience, and luxury in one of D.C.s most vibrant neighborhoods.

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