4000 Cathedral Ave NW APT 248B, Washington, DC, 20016 | $758/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4000 Cathedral Ave NW APT 248B, Washington, DC, 20016 | $758/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

Investment property for sale in Washington at 4000 Cathedral Ave NW APT 248B, Washington, DC, 20016 uses $101,108 cash to close to unlock $9,093/yr annual cash flow and $758/mo monthly cash flow. Total monthly income runs $2,543/mo, and a $1,493/mo payment keeps the spread at $758/mo. Purchase price stands at $305,000, and rental yield measures 10.01% with $2,543/mo rent. Return on cash invested shows 28.9% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 150.62% and total cumulative return in cash records $152,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,543/mo property income covering a $1,493/mo payment rather than investor’s personal income.

Condo

Built in 1931

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 248B at The Westchester! Spacious and light-filled 1BR/1BA co-op (1000 sq. ft.) located in the desirable southern section of The Westchester. This unit features a wall of windows, hardwood parquet floors, and nine-foot ceilings throughout. The windowed galley kitchen opens to a formal dining area, which steps down into a generous living room with wall-to-wall windows. The king-sized bedroom offers ample closet space and great natural light. Situated on over 10 acres of beautifully landscaped grounds in Cathedral Heights, The Westchester offers a tranquil, park-like setting with easy access to Cathedral Commons, Glover Park, and public transportation. Amenities include: DeCarlos Restaurant- On-site grocery store- Fitness center- Beauty salon & barber shop- Dry cleaner- Library- 8 guest suites- Co-op fee includes: All utilities, property taxes, maintenance, and amenities. Note: 15% minimum down payment required.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20016, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,169 (100%)
Owner Occupied HU	9,083 (52.9%)
Renter Occupied HU	6,147 (35.8%)
Vacant Housing Units	1,939 (11.3%)
Median Home Value	$1,255,037
Average Home Value	$1,294,909