700 7th St SW APT 113, Washington, DC, 20024 | $908/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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700 7th St SW APT 113, Washington, DC, 20024 | $908/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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 700 7th St SW APT 113, Washington, DC, 20024 uses $104,423 cash to close to unlock $10,897/yr annual cash flow and $908/mo monthly cash flow. Total monthly income runs $2,752/mo, and a $1,542/mo payment keeps the spread at $908/mo. Purchase price stands at $315,000, and rental yield measures 10.48% with $2,752/mo rent. Return on cash invested shows 30.34% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 158.4% and total cumulative return in cash records $165,401. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,752/mo property income covering a $1,542/mo payment rather than investor’s personal income.

Condo

Built in 1967

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully upgraded and exceptionally quiet 1-bedroom residence at Town Square Towersperfectly positioned approximately 1/2 mile from LEnfant Plaza (Blue, Orange, Yellow, Green lines & Virginia Railway Express) & Waterfront (Green line) Metro stops. and The Wharf, one of DCs premier waterfront destinations for dining, entertainment, and shopping. Enjoy easy access to favorites like Del Mar, Officina, Mi Vida, The Grill, Kirwans, CHIKO, Blue Bottle Coffee, Colada Shop, Tiki TNT, and world-class venues including The Anthem, Arena Stage, Union Stage, and Pearl Street Warehouse. Enjoy sporting events? This condo is walking distance to Audi Field and Nationals Park. Flooded with morning light, this spacious home features a thoughtfully renovated kitchen with custom KraftMaid cabinetry, new refrigerator and dishwasher, gas cooking, layered sensor lighting, and maximized storage throughout. Brand-new hickory engineered hardwood floors, upgraded lighting, fresh paint, and modern dimmer switches elevate every room. The large east-facing XXL 26' private terracepartly covered, partly openextends your living space with peaceful tree and sky views and is perfect for lounging or entertaining. Being located on the courtyard side of the building and off 7th Street helps make the unit exceptionally peaceful and serene. The oversized bedroom includes floor-to-ceiling closets, while the updated bath offers a new vanity, Kohler mirrored medicine cabinet, and an in-unit Bosch washer/dryer. Solid concrete construction ensures remarkable quietrarely hear neighbors or city noise. Town Square Towers offers 24/7 concierge, a fitness room, Amazon package lockers, bike storage, a large outdoor swimming pool with lap lanes, gym, sauna, private front and rear driveways for easy guest access, and one secure underground parking space is available for purchase ($25,000). The condo fee covers all utilities except internet. With unbeatable walkabilityminutes to the National Mall, a quick trip to DCA Airport, seamless access to I-395, Metro, and waterfront trailsthis home delivers the perfect blend of convenience, comfort, and vibrant city living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20024, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,659 (100%)
Owner Occupied HU	3,446 (22.0%)
Renter Occupied HU	9,910 (63.3%)
Vacant Housing Units	2,303 (14.7%)
Median Home Value	$569,155
Average Home Value	$671,705

Housing Distribution

Address Breakdown

Residential

12,937

Single Family

2,977

Multi-Family

9,960

Businesses

607

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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1377 sft

15 Heather Ln, Indian Head, MD, 20640

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708 sft

9490 Virginia Center Blvd UNIT 331, Vienna, VA, 22181

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958 sft

3705 S George Mason Dr APT 1403, Falls Church, VA, 22041

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 1967
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Underground, On-site - Sale, Parking Fee, Secured, Assigned, Garage

Location

City: Washington
State: DC
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Craig Fauver • Craig Fauver Real Estate

Mls Name: Bright MLS

Mls ID: #DCDC2234440

700 7th St SW APT 113,Washington,DC,20024

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

700 7th St SW APT 113WashingtonDC20024