6 Galveston St SW APT 103, Washington, DC, 20032 | $204/mo Cash Flow

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6 Galveston St SW APT 103, Washington, DC, 20032 | $204/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 6 Galveston St SW APT 103, Washington, DC, 20032 earns $204/mo cash flow from $789/mo rent with a $489/mo payment. Total monthly income totals $789/mo, and annual cash flow totals $2,450/yr on $33,150 capital. ROI tracks 27.3% on current figures, and rental yield reads 9.47% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 142.17% and total cumulative return in cash sums $47,128. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $789/mo property income instead of your personal income.

Condo

Built in 1949

N/A lot

$N/A/sqft

No HOA

More details about the property

* PRICE REDUCED!* Welcome to 6 Galveston Street - Friendship Square Condominium. This condo has been recently renovated and offers two bedrooms + one full bath. You also have your own in-unit laundry. Water, gas, and heat are included in the condo fee. Conveniently located right off South Capital Street with easy access to public transportation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20032, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,337 (100%)
Owner Occupied HU	3,531 (20.4%)
Renter Occupied HU	11,934 (68.8%)
Vacant Housing Units	1,872 (10.8%)
Median Home Value	$384,817
Average Home Value	$494,903