4740 Connecticut Ave NW APT 404WashingtonDC20008
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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 4740 Connecticut Ave NW APT 404, Washington, DC, 20008 offers a 8.4% rental yield on a $259,900 purchase with $1,819/mo rent. Total monthly income registers $1,819/mo, and a $1,272/mo payment leaves $298/mo available for distribution. Annual cash flow reaches $3,575/yr on $86,157 to close, and return on cash invested stands at 24.06% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 124.65% and total cumulative return in cash at $107,398. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,819/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1956
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
17,979
Single Family
3,530
Multi-Family
14,449
Businesses
749
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Listed by: Mary Saltzman • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2240368