2701 4th St NE APT 201, Washington, DC, 20002 | $896/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2701 4th St NE APT 201, Washington, DC, 20002 | $896/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 2701 4th St NE APT 201, Washington, DC, 20002 earns $896/mo cash flow from $3,120/mo rent with a $1,860/mo payment. Total monthly income totals $3,120/mo, and annual cash flow totals $10,750/yr on $125,970 capital. ROI tracks 28.44% on current figures, and rental yield reads 9.85% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 148.15% and total cumulative return in cash sums $186,625. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.

Condo

Built in 1930

N/A lot

$N/A/sqft

No HOA

More details about the property

Fabulous Edgewood condo featuring gorgeous hardwood flooring and great natural light. Street parking available! Be welcomed to an open layout 800sqft, featuring hardwood floors and excellent natural light. Living room/dining nook soak up the natural light and flows nicely into the large kitchen. The kitchen features a large wrap around breakfast bar, gas stove, built in microwave, refrigerator, and dishwasher; this kitchen has lots of cabinet space and granite countertops. Both bedrooms have plenty of natural light embellish this wonderful place to rest and relax. Bathroom features a small window, modern fixtures, and finishes. Located a few blocks from Rhode Island Metro Station, outstanding access to all points in the city, in walking distance to Edgewood Playground. Condo features laundry and common rooms, as well as community bicycle room for the commuter and storage closet. 10 minute walk to the Rhode Island Metro (with shops and a Giant) or a 15 minute walk to Brookland Metro (and the new Monroe Street Market coming online in the fall). There's also convenient bus access (G8, D8, 80, and H1-4).

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