3883 Connecticut Ave NW APT 411, Washington, DC, 20008 | 8.08% Rental Yield

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3883 Connecticut Ave NW APT 411, Washington, DC, 20008 | 8.08% Rental Yield | Ziffy

Recently Sold

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

Total monthly income runs $2,894/mo, and a $2,105/mo payment. Purchase price stands at $430,000, and rental yield measures 8.08% with $2,894/mo rent. Return on cash invested shows 14.75% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 77.74% and total cumulative return in cash records $110,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,894/mo property income covering a $2,105/mo payment rather than investor’s personal income.

Apartment

Built in 2002

233 sqft lot

$N/A/sqft

$965 monthly HOA

More details about the property

1 Bedroom/1 Bath condo in the luxury modern high-rise at "The Connecticut" in Cleveland Park, with assigned underground garage parking space included. Enjoy uptown living with amazing park views! This bright and sunny 4th floor unit is very private and quiet, and is located on the highly desirable park side of the building, facing Rock Creek Park. The unit features very large covered balcony overlooking the park, open floor plan, large bathroom with the garden tub, bedroom with new carpet and walk-in closet with Elfa shelving, and in-unit washer and dryer. The entire unit freshly painted. The building is secure and professionally managed, and offers 24-hour front desk and concierge, business center, party/event room, fitness center, rooftop pool overlooking the park, with sunning deck and grills, and secure bike storage. Red line Metro, Giant Food store, Uptown Theater, National Zoo, and Cleveland Park shops and restaurants are just a few minutes away. Min 1 year lease. Credit check is required. Non-smoking. Small dog is ok, must have up to date shots and DC pet license; no cats.

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