66 New York Ave NW APT 403, Washington, DC, 20001 | $868/mo Cash Flow

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66 New York Ave NW APT 403, Washington, DC, 20001 | $868/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 66 New York Ave NW APT 403, Washington, DC, 20001 generates $2,366/mo in rent and, after a $1,253/mo payment, leaves $868/mo in cash flow. Total monthly income is $2,366/mo, and annual cash flow is $10,412/yr on $84,864 invested. Return on cash invested sits at 32.18% in year one, and rental yield is 11.09% on a $256,000 entry. Equity gained on principal adds $1,652/yr, while 5% annual appreciation builds toward $70,728 over five years. Five-year ROI reaches 168.21% and total cumulative return in cash sums $142,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,366/mo property income rather than buyer’s personal income.

Condo

Built in 1925

N/A lot

$N/A/sqft

No HOA

More details about the property

A bright top-floor retreat with something rare for DC: secured parking, included. Welcome to 66 New York Avenue NW, where everyday ease meets the energy of NoMa. This freshly updated 1-bedroom sits on the top floor, offering great natural light, higher ceilings, and a calm place to come home to after a full day in the city. Inside, the layout is efficient and comfortable, with brand-new windows, an open living and dining area, and thoughtful finishes that make the space feel warm, functional, and easy to live inwhether youre working from home, hosting friends, or enjoying a quiet night in. Step outside and everything DC is known for is right there. Grab dinner at Union Market, meet friends at St. Anselm or La Cosecha, take a walk through Alethia Tanner Park or Swampoodle Park, or hop on the NoMaGallaudet U Metro just minutes away. Groceries, coffee shops, nightlife, and major commuter routes are all close...yet the home itself feels tucked away. Off-street parking is included at no additional cost. No monthly garage fees. No circling for street parking. Just pull in, park, and walk inside, something thats increasingly hard to find at this price point. Whether youre a first-time buyer, someone looking for a low-maintenance DC home base, or an investor targeting a high-demand location, this home checks the boxes that matter most: light, location, livability, and parking.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20001, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	31,258 (100%)
Owner Occupied HU	7,610 (24.3%)
Renter Occupied HU	19,069 (61.0%)
Vacant Housing Units	4,579 (14.6%)
Median Home Value	$858,542
Average Home Value	$926,439