








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Washington at 2228 40th St NW APT 1, Washington, DC, 20007 offers a 7.17% rental yield on a $450,000 purchase with $2,687/mo rent. Total monthly income registers $2,687/mo, and a $2,203/mo payment leaves $53/mo available for distribution. Annual cash flow reaches $633/yr on $149,175 to close, and return on cash invested stands at 20.33% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 104.67% and total cumulative return in cash at $156,138. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,687/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 20007, Washington, DC area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,376 (100%) |
| Owner Occupied HU | 6,093 (45.6%) |
| Renter Occupied HU | 5,844 (43.7%) |
| Vacant Housing Units | 1,439 (10.8%) |
| Median Home Value | $1,345,989 |
| Average Home Value | $1,371,625 |
Residential
13,897
Single Family
6,823
Multi-Family
7,074
Businesses
1,393
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lise Courtney Howe • Keller Williams Capital Properties
Mls Name: Bright MLS
Mls ID: #DCDC2222194