3241 N St NW APT 1, Washington, DC, 20007 | $386/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3241 N St NW APT 1, Washington, DC, 20007 | $386/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

Rental property for sale in Washington at 3241 N St NW APT 1, Washington, DC, 20007 generates $2,698/mo in rent and, after a $1,933/mo payment, leaves $386/mo in cash flow. Total monthly income is $2,698/mo, and annual cash flow is $4,638/yr on $130,943 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 8.2% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 121.4% and total cumulative return in cash sums $158,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,698/mo property income rather than buyer’s personal income.

Condo

Built in 1820

N/A lot

$N/A/sqft

No HOA

More details about the property

SELLER IS LOOKING FOR AN OFFER. Charming and cozy describes this wonderful condo located in the heart of Georgetown. You can walk out your door to explore all Georgetown has to offer including bakeries, cafes, restaurants of every cuisine, parks and movie theaters. You will love walking to the Georgetown waterfront and the Kennedy Center to catch fabulous shows. The residence has been completely painted with wood floors throughout, chair rail trim, beadboard walls in the bedroom, crown molding and built in bookcase plus the wood burning fireplace with marble surround and wood mantel. The kitchen contains stainless steel gas stove, microwave, dishwasher, disposal and refrigerator. The washer/dryer is tucked away in a closet for easy access. Parking is PRICELESS in Georgetown and you have an ASSIGNED PARKING SPACE behind the building. If you don't need it you can rent it to cover your condo fee.Pet friendly building. too.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20007, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,376 (100%)
Owner Occupied HU	6,093 (45.6%)
Renter Occupied HU	5,844 (43.7%)
Vacant Housing Units	1,439 (10.8%)
Median Home Value	$1,345,989
Average Home Value	$1,371,625