4000 Cathedral Ave NW APT 6BWashingtonDC20016
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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
Investment property for sale in Washington at 4000 Cathedral Ave NW APT 6B, Washington, DC, 20016 listed at $385,000 pairs $2,679/mo rent with a $1,884/mo payment to leave $426/mo cash flow. Total monthly income runs $2,679/mo, and annual cash flow reaches $5,112/yr on $127,628 cash to close. Return on cash invested measures 23.91% in year one, and rental yield registers 8.35% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 123.91% and total cumulative return in cash totals $158,146. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,679/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1931
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,340
Single Family
7,194
Multi-Family
8,146
Businesses
1,109
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Listed by: Jack Shorb • Corcoran McEnearney
Mls Name: Bright MLS
Mls ID: #DCDC2240008