2711 Ordway St NW APT 300, Washington, DC, 20008 | $541/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2711 Ordway St NW APT 300, Washington, DC, 20008 | $541/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 2711 Ordway St NW APT 300, Washington, DC, 20008 listed at $499,999 pairs $3,467/mo rent with a $2,447/mo payment to leave $541/mo cash flow. Total monthly income runs $3,467/mo, and annual cash flow reaches $6,490/yr on $165,750 cash to close. Return on cash invested measures 23.82% in year one, and rental yield registers 8.32% at a $499,999 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 123.39% and total cumulative return in cash totals $204,511. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,467/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1964

N/A lot

$N/A/sqft

No HOA

More details about the property

Priced under $500k! Come home to this rarely available top-floor, corner two-bedroom, one-bath condo at the sought-after Tatham House. Nestled on a beautiful tree-lined street in Cleveland Park, this light-filled unit features a freshly updated kitchen and bath, plus new luxury vinyl plank flooring throughout. Enjoy the convenience of your own dedicated parking space (plus guest parking!) and all the perks of this pet-friendly building, including a rooftop deck with sweeping views, a bike room, a meeting lounge, and secure storage. All this and just a few minutes walk to the Cleveland Park Red Line, shops, restaurants and the National Zoo . This is more than just a condoits your next home in the city!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20008, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,926 (100%)
Owner Occupied HU	6,475 (34.2%)
Renter Occupied HU	10,897 (57.6%)
Vacant Housing Units	1,554 ( 8.2%)
Median Home Value	$1,171,368
Average Home Value	$1,234,841