611 Quincy St NW APT 2, Washington, DC, 20011 | $404/mo Cash Flow

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611 Quincy St NW APT 2, Washington, DC, 20011 | $404/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 611 Quincy St NW APT 2, Washington, DC, 20011 listed at $578,750 pairs $3,792/mo rent with a $2,833/mo payment to leave $404/mo cash flow. Total monthly income runs $3,792/mo, and annual cash flow reaches $4,852/yr on $190,409 cash to close. Return on cash invested measures 22.61% in year one, and rental yield registers 7.86% at a $578,750 basis. Equity gained on principal adds $3,735/yr, and annual property appreciation at 5% supports $159,898 by year five. Five-year ROI tracks 116.85% and total cumulative return in cash totals $222,492. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,792/mo property income relative to a $2,833/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1913

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this inviting and meticulously maintained 2-bedroom, 2.5-bath condominium, perfectly situated on the first level of a boutique building in the vibrant Petworth community. Offering a rare combination of generous space, premium finishes, and unmatched convenience, this residence is ideal for those seeking comfort, style, and city living. Step inside to soaring 11-foot ceilings that create an airy, open feel throughout the home. Hardwood floors, crown molding, and chair-rail detailing add warmth and architectural character. The spacious living and dining areas provide an effortless flow for daily living and entertaining. The well-appointed kitchen is equipped with stainless steel appliances, gas cooking, granite countertops, and under-cabinet lighting, offering both function and sophistication. A full-size washer and dryer add everyday convenience. Both bedrooms are generously sized, each with its own beautifully finished full bath, complemented by an additional half bath for guests. Thoughtful layout and quality design ensure comfort and privacy. The unit also includes assigned parking, an invaluable amenity in this highly sought-after neighborhood. Located just 2.5 blocks to Metro and moments from grocery stores, restaurants, coffee shops, and neighborhood amenities, this home places you close to everything Petworth has to offerwhile still providing the tranquility of a small, well-maintained building. A rare opportunity to own a distinctive, convenient, and beautifully finished home in one of D.C.s most appealing communities. Dont miss it!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20011, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,769 (100%)
Owner Occupied HU	13,345 (48.1%)
Renter Occupied HU	12,310 (44.3%)
Vacant Housing Units	2,114 ( 7.6%)
Median Home Value	$721,753
Average Home Value	$798,090