4707 Connecticut Ave NW APT 104, Washington, DC, 20008 | $167/mo Cash Flow

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4707 Connecticut Ave NW APT 104, Washington, DC, 20008 | $167/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 4707 Connecticut Ave NW APT 104, Washington, DC, 20008 offers a 7.7% rental yield on a $295,000 purchase with $1,894/mo rent. Total monthly income registers $1,894/mo, and a $1,444/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,007/yr on $97,793 to close, and return on cash invested stands at 21.96% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 113.43% and total cumulative return in cash at $110,930. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,894/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1930

N/A lot

$N/A/sqft

No HOA

More details about the property

Renovated one bedroom/one bathroom apartment in one of DC's grand old Gothic Revival buildings. Enter through your own ground level exterior door to your new home. The large living and dining room is open to the kitchen with quartz counters, stainless appliances and soft close cabinets. The primary bedroom has ample closets and natural light and the bathroom sparkles with contemporary design. The building offers storage, grand lobby, common area and laundry facilities. Picnic tables and greenspace on property will be a great way to enjoy DC this fall.

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