601 Pennsylvania Ave NW APT 209, Washington, DC, 20004 | $580/mo Cash Flow

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601 Pennsylvania Ave NW APT 209, Washington, DC, 20004 | $580/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 601 Pennsylvania Ave NW APT 209, Washington, DC, 20004 earns $580/mo cash flow from $3,067/mo rent with a $2,080/mo payment. Total monthly income totals $3,067/mo, and annual cash flow totals $6,957/yr on $140,888 capital. ROI tracks 24.85% on current figures, and rental yield reads 8.66% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 128.86% and total cumulative return in cash sums $181,553. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,067/mo property income instead of your personal income.

Condo

Built in 1991

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to The Pennsylvania! Move-in ready and recently renovated, this unit could serve as your new city home or pied--terre right in the heart of Penn Quarter. This one bed, one bath condo is everything you need with wide plank luxury vinyl flooring, quartz countertops, in unit washer/dryer, and an extra storage unit. Experience full-service living with amenities such as secure package delivery, dry cleaning services, 24/7 concierge, sauna, and a spacious gym equipped with state-of-the-art equipment. Additionally, relax in the recently updated rooftop lounge, complete with a gazebo and stunning views of the Capitol. Rental parking spaces are available although public transportation is very accessible! The residential entrance is on the NORTH SIDE of the building, on the corner of Indiana Ave NW & 6th St.