3701 Connecticut Ave NW APT 909, Washington, DC, 20008 | $638/mo Cash Flow

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3701 Connecticut Ave NW APT 909, Washington, DC, 20008 | $638/mo Cash Flow | Ziffy

Pending

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 3701 Connecticut Ave NW APT 909, Washington, DC, 20008 earns $638/mo cash flow from $2,584/mo rent with a $1,627/mo payment. Total monthly income totals $2,584/mo, and annual cash flow totals $7,660/yr on $110,224 capital. ROI tracks 26.86% on current figures, and rental yield reads 9.33% at a $332,500 purchase. Equity gained on principal adds $2,146/yr, and 5% annual appreciation supports $91,864 over five years. Five-year ROI reaches 139.68% and total cumulative return in cash sums $153,964. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,584/mo property income instead of your personal income.

Condo

Built in 1951

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this delightful one-bedroom, one-bath condo! Nestled on the top floor, this 692-square-foot gem boasts stunning west-facing views that promise incredible sunsets from new windows. Step inside to discover newly installed hardwood floors throughout an open, light-filled living space. The updated kitchen is equipped with a brand new dishwasher and stove, soft close cabinets and granite countertops. The spacious bedroom offers a serene retreat with ample closet space and room for relaxation, while the modern bath features sleek finishes. This midrise, pet-friendly building is packed with amenities to enhance your lifestyle: enjoy the concierge service, unwind on the common roof deck, and take advantage of the on-site laundry facilities. Stay active in the gym, and easily store your belongings in your private storage area. On-site parking and garage options are available to rent for $200 a month. All utilities are covered in the condo fee, simplifying your budget. Located close to the metro, you're well-connected to all that Washington, DC has to offer!

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