2625 3rd St NE APT 306, Washington, DC, 20002 | $501/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2625 3rd St NE APT 306, Washington, DC, 20002 | $501/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 2625 3rd St NE APT 306, Washington, DC, 20002 listed at $305,000 pairs $2,286/mo rent with a $1,493/mo payment to leave $501/mo cash flow. Total monthly income runs $2,286/mo, and annual cash flow reaches $6,009/yr on $101,108 cash to close. Return on cash invested measures 25.85% in year one, and rental yield registers 8.99% at a $305,000 basis. Equity gained on principal adds $1,968/yr, and annual property appreciation at 5% supports $84,266 by year five. Five-year ROI tracks 134.28% and total cumulative return in cash totals $135,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,286/mo property income relative to a $1,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1935

N/A lot

$N/A/sqft

No HOA

More details about the property

Top-floor 1BR in Brookland with bright western exposure overlooking a quiet, green courtyard. Inside, the home has been thoughtfully updated with all new windows, a new HVAC system, and a completely gut-renovated bathroom with clean, modern finishes. Its also been freshly painted, giving the space a refreshed and move-in ready feel. The eat-in kitchen features stainless steel appliances, granite countertops, and crown molding. Wood floors run throughout, and a custom closet system adds efficient storage. A separately deeded parking space is included with this unit as well! Laundry room is located on the first floor. Water is included in the condo fee. The building is pet-friendly for dogs and cats under 60 lbs. The location offers a unique mix of residential calm and city convenience. Just next door is the brand-new Edgewood Recreation Center, which features a fitness center, gymnasium, rooftop garden, community kitchen, and moreproviding useful neighborhood amenities right at your doorstep. A Capital Bikeshare station is located just outside, making commuting or exploring the area easy. Within a few blocks, youll find Monroe Street Market, home to restaurants like Busboys & Poets and Brookland Pint, as well as galleries and local shops. Both the Brookland-CUA and Rhode Island Avenue Metro stations are nearby, connecting you to the Red Line for easy access to downtown DC, Union Station, and beyond. The upcoming Bryant Street development will bring additional dining, retail, and entertainment options, including an Alamo Drafthouse Cinema, adding to the areas continued growth.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20002, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	45,543 (100%)
Owner Occupied HU	12,288 (27.0%)
Renter Occupied HU	26,295 (57.7%)
Vacant Housing Units	6,960 (15.3%)
Median Home Value	$826,456
Average Home Value	$892,956