3601 Connecticut Ave NW APT 105WashingtonDC20008
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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
Investment Highlights
Rental property for sale in Washington at 3601 Connecticut Ave NW APT 105, Washington, DC, 20008 generates $3,414/mo in rent and, after a $2,342/mo payment, leaves $613/mo in cash flow. Total monthly income is $3,414/mo, and annual cash flow is $7,361/yr on $158,623 invested. Return on cash invested sits at 24.55% in year one, and rental yield is 8.56% on a $478,500 entry. Equity gained on principal adds $3,088/yr, while 5% annual appreciation builds toward $132,201 over five years. Five-year ROI reaches 127.29% and total cumulative return in cash sums $201,914. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,414/mo property income rather than buyer’s personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
17,979
Single Family
3,530
Multi-Family
14,449
Businesses
749
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Listed by: Anthony Salinas • TTR Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #DCDC2214404