2456 20th St NW APT 403, Washington, DC, 20009 | $572/mo Cash Flow

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2456 20th St NW APT 403, Washington, DC, 20009 | $572/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 2456 20th St NW APT 403, Washington, DC, 20009 earns $572/mo cash flow from $3,001/mo rent with a $2,031/mo payment. Total monthly income totals $3,001/mo, and annual cash flow totals $6,867/yr on $137,573 capital. ROI tracks 24.9% on current figures, and rental yield reads 8.68% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 129.19% and total cumulative return in cash sums $177,729. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,001/mo property income instead of your personal income.

Condo

Built in 1923

N/A lot

$N/A/sqft

No HOA

More details about the property

Overlooking Rock Creek Park in the heart of highly sought-after Kalorama, The Rockledge is a quintessential 1923-built brick condominium building straddling the intersection of historic charm and modern convenience. Within this distinguished community is Unit 403, a generously-proportioned one bedroom, one bathroom corner unit flooded with natural light. The front door leads into a dedicated vestibule with a large coat closet, revealing an ethereal home characterized by hardwood flooring, high ceilings, and large windows. The main living area comprises a large open concept space to accommodate lounging and dining needs, set against a picturesque, verdant backdrop. A pass-through and bar top allows for interaction between the kitchen and living area, as well as unlocking additional seating capacity. The kitchen itself has been thoughtfully renovated with contemporary white shaker cabinets, large form tile flooring, granite countertops, and a complete suite of full-size stainless steel appliances. The corner bedroom has natural light streaming in from double casement windows on two walls, and showcases a large walk-in closet with built-in organizers. The convenient ensuite bathroom is lined with subway tile, featuring a modern vanity and shower/tub combination. A designated storage unit conveys with the residence. The Rockledge provides a turnkey lifestyle with a host of thoughtful amenities, including a rooftop terrace with sweeping city views, secure bike storage room, and laundry facilities. Association dues include all common area maintenance as well as heat, water, and disposal. The location is truly unparalleled in its proximity to the nature of Rock Creek, the nightlife of Adams Morgan, and the renowned eateries of the Connecticut Avenue corridor, not to mention public transit. Rich in amenities, comfort, and flawlessly situated, Unit 403 at The Rockledge is an all-encompassing opportunity.