355 I St SW APT 410, Washington, DC, 20024 | $426/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

355 I St SW APT 410, Washington, DC, 20024 | $426/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1465 sft

2907 Saintsbury Plz APT 202, Fairfax, VA, 22031

2 Bed
2 Bath
1309 sft

203 Yoakum Pkwy APT 1807, Alexandria, VA, 22304

3 Bed
2 Bath
1254 sft

511 N Armistead St APT 202, Alexandria, VA, 22312

3 Bed
3 Bath
1429 sft

14361 Springbrook Ct, Woodbridge, VA, 22193

Nearby investment properties with comparable prices

2 Bed
2 Bath
1211 sft

205 Yoakum Pkwy UNIT 810, Alexandria, VA, 22304

2 Bed
2 Bath
1153 sft

7757 Inversham Dr APT 238, Falls Church, VA, 22042

2 Bed
2 Bath
884 sft

2448 S Monroe St, Arlington, VA, 22206

3 Bed
3 Bath
1232 sft

8303 Stationhouse Ct, Lorton, VA, 22079

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Washington at 355 I St SW APT 410, Washington, DC, 20024 offers a 8.1% rental yield on a $475,000 purchase with $3,206/mo rent. Total monthly income registers $3,206/mo, and a $2,325/mo payment leaves $426/mo available for distribution. Annual cash flow reaches $5,109/yr on $157,463 to close, and return on cash invested stands at 23.15% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 119.8% and total cumulative return in cash at $188,635. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,206/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Unit 410 at Potomac Place Condominiums. This spacious 959 sq ft condo offers the perfect blend of comfort, function, and location. The open layout features a large bedroom plus a separate den ideal for a home office or guest space. Enjoy a bright living area with hardwood floors, a kitchen with granite countertops, and the convenience of in-unit laundry. One covered parking space is included. Residents of Potomac Place enjoy a full suite of amenities including a concierge, fitness center, swimming pool, business center, and more. Just two blocks to the Metro, Safeway, and moments from The Wharf, Navy Yard, Nationals Park, and Capitol Hill this is city living at its best.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20024, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,659 (100%)
Owner Occupied HU	3,446 (22.0%)
Renter Occupied HU	9,910 (63.3%)
Vacant Housing Units	2,303 (14.7%)
Median Home Value	$569,155
Average Home Value	$671,705