302 Oklahoma Ave NE APT 102, Washington, DC, 20002 | $480/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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302 Oklahoma Ave NE APT 102, Washington, DC, 20002 | $480/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 302 Oklahoma Ave NE APT 102, Washington, DC, 20002 uses $84,533 cash to close to unlock $5,755/yr annual cash flow and $480/mo monthly cash flow. Total monthly income runs $1,972/mo, and a $1,248/mo payment keeps the spread at $480/mo. Purchase price stands at $255,000, and rental yield measures 9.28% with $1,972/mo rent. Return on cash invested shows 26.72% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 138.91% and total cumulative return in cash records $117,428. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,972/mo property income covering a $1,248/mo payment rather than investor’s personal income.

Condo

Built in 1930

N/A lot

$N/A/sqft

No HOA

More details about the property

This charming 1-bedroom, 1-bathroom apartment in the heart of Old City combines modern comfort with classic style. Recently renovated in 2023, it features a traditional layout with elegant crown moldings and recessed lighting. The kitchen boasts upgraded countertops, an island, and stainless-steel appliances, perfect for culinary enthusiasts. Relax in the jetted tub after a long day, or enjoy the cozy combination of kitchen and living space for entertaining. Step outside to find well-lit sidewalks and streetlights, enhancing the inviting atmosphere of the neighborhood. With a metro station, bus stop, and commuter rail all within a mile, commuting is a breeze. The community is enriched by nearby parks and excellent public services, short distance to the new coming Washington Commander (RFK stadium) making it a wonderful place to call home. Experience the vibrant local culture and enjoy the convenience of nearby amenities, all while residing in a beautifully maintained brick building. This is more than just a home; it's a lifestyle waiting for you!

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