3039 Macomb St NW APT 35, Washington, DC, 20008 | $900/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3039 Macomb St NW APT 35, Washington, DC, 20008 | $900/mo Cash Flow | Ziffy

For Sale

Currently Rented

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 3039 Macomb St NW APT 35, Washington, DC, 20008 offers a 10.3% rental yield on a $329,000 purchase with $2,825/mo rent. Total monthly income registers $2,825/mo, and a $1,610/mo payment leaves $900/mo available for distribution. Annual cash flow reaches $10,797/yr on $109,064 to close, and return on cash invested stands at 29.81% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 155.49% and total cumulative return in cash at $169,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,825/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1923

N/A lot

$N/A/sqft

No HOA

More details about the property

Open House Sun. 11/2 1-3pm. Jewel Box Alert! Are you looking for a charming penthouse jewel box with central air-conditioning? If so, this is it! This sweet 1BR + two flex spaces channels the romance of a Parisian apartment, complete with window boxes filled with colorful flowers. The Cleveland Coop is an elegant three-story boutique building nestled in the heart of Cleveland Park, located on one of DCs most beautiful tree-lined streets. This top floor residence features rare central air-conditioning, soaring ceilings, and expansive windows with shutters that flood the space with natural light. The refreshed kitchen includes a new gas stove, dishwasher, microwave, and ample cabinet space. Off the kitchen, a dining/flex area offers the perfect spot for a home office or creative studio. The spacious living room showcases a wall with custom built-in bookcases and a library ladder, an antique ceiling light fixture, and enough room for dining. The bedroom retreat provides generous storage and closet space, including a custom, moveable closet system. Check out the additional flex space off the bedroomideal for a second home office or yoga studio. The updated bathroom features a stylish new vanity. Additional highlights include central air-conditioning, classic hardwood floors, an entry foyer, ample closet space, wall sconces, newer light fixtures, and fresh paint throughout the unit. Dont forget to visit the backyard and grilling stationa superb locale to relax and soak up fresh air. Laundry and bike storage are located on the lower level. The Cleveland Coop is adjacent to the Tregaron Conservancy and close to all the amenities Cleveland Park has to offer. The exceptional location provides easy access to the Cleveland Park Metro, library, shops, restaurants, Streets Market, Yes Organic Market, Target, Adas Israel Congregation, and more. For outdoor enthusiasts, enjoy hiking in Rock Creek Park and browsing the weekend farmers market. The Cleveland Coop is professionally managed, with no underlying mortgage, and property taxes, heat, water, sewer, property management, insurance and reserve fund are included in the monthly fee. Walk Score: 88!

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