2803 Cortland Pl NW APT 206, Washington, DC, 20008 | $796/mo Cash Flow

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2803 Cortland Pl NW APT 206, Washington, DC, 20008 | $796/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 2803 Cortland Pl NW APT 206, Washington, DC, 20008 earns $796/mo cash flow from $2,816/mo rent with a $1,689/mo payment. Total monthly income totals $2,816/mo, and annual cash flow totals $9,556/yr on $114,368 capital. ROI tracks 28.26% on current figures, and rental yield reads 9.79% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 147.23% and total cumulative return in cash sums $168,388. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,816/mo property income instead of your personal income.

Condo

Built in 1936

N/A lot

$N/A/sqft

No HOA

More details about the property

Set on one of Woodley Parks most picturesque blocks, this inviting one-bedroom captures the best of prewar architecturegraceful proportions, rich detailing, and an unmistakable sense of home. Located on the second floor, the residence is filled with natural light that highlights the original parquet floors and arched transitions throughout. The recently renovated kitchen pairs quartz countertops and shaker cabinetry with a gray subway tile backsplash, black hardware, and stainless steel appliancesbeautifully balancing function and style. A spacious dining area opens to the living room, creating an easy, flowing layout that feels bright and comfortable. The bedroom offers tranquil courtyard views and generous closet space, while the recently updated bathroom continues the homes thoughtful detailing and timeless appeal. Residents enjoy manicured courtyards, communal grills for outdoor gatherings, bike storage, laundry facilities, and additional storage. The associations monthly parking lottery adds a rare layer of convenience in this highly walkable neighborhood. Moments from both the Woodley ParkZoo and Cleveland Park Metro stations, this home is surrounded by cafs, restaurants, grocery stores, and the zooan enduring expression of D.C.s architectural charm and easy neighborhood living. Additional storage available in the building for a low monthly fee.

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