4200 Cathedral Ave NW APT 918, Washington, DC, 20016 | $808/mo Cash Flow

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4200 Cathedral Ave NW APT 918, Washington, DC, 20016 | $808/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 4200 Cathedral Ave NW APT 918, Washington, DC, 20016 earns $808/mo cash flow from $2,441/mo rent with a $1,366/mo payment. Total monthly income totals $2,441/mo, and annual cash flow totals $9,691/yr on $92,489 capital. ROI tracks 30.39% on current figures, and rental yield reads 10.5% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 158.6% and total cumulative return in cash sums $146,683. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,441/mo property income instead of your personal income.

Condo

Built in 1957

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 4200 Cathedral Avenue NW, a refined residential enclave nestled in the heart of Washington, DCs prestigious Cathedral Heightsbordering Wesley Heights and Glover Park. This midcentury modern gemstone, originally built in 1957, captivates with its timeless architectural grace and parkside elegance. Full-service amenities include a 24hour concierge, secure entry, elevator, fitness center, laundry facilities, guest suite, and a show-stopping rooftop deck overlooking treetopsperfect for gathering or quiet reflection. Resting alongside Glover Archbold Park, residents enjoy direct access to serene green pathways for jogging, dog-walking, or peaceful reflection. A short stroll leads to New Mexico & Wisconsin Avenues, where you'll find Chef Geoffs, AlDente, Wagshals Market, Starbucks, and moredaily essentials meet neighborhood charm. Excellent transit options: N2/N6 Metrobus right at your doorstep, seamless connectivity to Friendship Heights, Georgetown, Dupont Circle, and the Red Line Metro. Proximity to esteemed institutions like American University and top-tier schools further elevates its appeal. Make your home or pied--terre at 4200 Cathedral Condos for the best of DC living! Features of home #918: Step into this beautifully updated 1 bedroom 1 bath condo spanning 709 sq ft of immaculate living space in the heart of Washingtons prestigious Cathedral Heights. Nestled on the 9th floor, Unit #918 offers serene tree-lined views, natural light, and midcentury charm with todays modern comforts. The gourmet kitchen has stainless steel appliances, sleek granite countertops, elegant backsplash, and crisp modern cabinetry. Beautifully maintained Parquet floors flow throughout adding timeless elegance. Custom built-ins throughout the unit add smart, stylish, and practical storage. The king-size bedroom retreat is complete with built-in bookshelves and a custom closet. The ceramic tile bath is well-maintained providing a shower/tub.. Central air conditioning and efficient electric heating ensure yearround comfort. AllInclusive Value: The condo fee covers all utilities, making monthly budgeting effortless. The association has extra storage available perfect for seasonal gear, luggage, or sporting equipment. Off-street parking may be available for rent or for purchase. 4200 Cathedral Avenue is approved for FHA financing.

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