5315 Connecticut Ave NW APT 607, Washington, DC, 20015 | $254/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5315 Connecticut Ave NW APT 607, Washington, DC, 20015 | $254/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

Rental property for sale in Washington at 5315 Connecticut Ave NW APT 607, Washington, DC, 20015 generates $1,653/mo in rent and, after a $1,170/mo payment, leaves $254/mo in cash flow. Total monthly income is $1,653/mo, and annual cash flow is $3,048/yr on $79,229 invested. Return on cash invested sits at 23.76% in year one, and rental yield is 8.3% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 123.03% and total cumulative return in cash sums $97,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,653/mo property income rather than buyer’s personal income.

Condo

Built in 1955

N/A lot

$N/A/sqft

No HOA

More details about the property

Bright and quiet, large 1BR (nearly 800 SF) on the top floor at Joceyln House in Chevy Chase. All utilities included in the condo fee! Unit 607 offers a flexible floor plan including well-maintained hardwood floors, excellent closet space and a fresh coat of paint. The building features a front desk in lobby (M-F 12:30-4:30), extra storage, bike room, roof deck and walk to 2 metro stops - head south on Connecticut Ave to Van Ness metro (and all the popular restaurants and shops) or west on Military Road to Friendship Heights. Chevy Chase Village is also only steps away. OPEN SUNDAY OCT 26 FROM NOON-2PM.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20015, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,097 (100%)
Owner Occupied HU	4,671 (65.8%)
Renter Occupied HU	2,022 (28.5%)
Vacant Housing Units	404 ( 5.7%)
Median Home Value	$1,280,475
Average Home Value	$1,310,051