730 24th St NW APT 612, Washington, DC, 20037 | $217/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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730 24th St NW APT 612, Washington, DC, 20037 | $217/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 730 24th St NW APT 612, Washington, DC, 20037 generates $1,557/mo in rent and, after a $1,121/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,557/mo, and annual cash flow is $2,598/yr on $75,914 invested. Return on cash invested sits at 23.33% in year one, and rental yield is 8.16% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 120.78% and total cumulative return in cash sums $91,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,557/mo property income rather than buyer’s personal income.

Condo

Built in 1961

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this light-filled junior 1-bedroom/studio in the heart of Foggy Bottom. This refreshed home features light LVP flooring, fresh paint, and an open-concept layout that offers space for living, dining, working, and more. Step out onto your private balcony for a morning coffee or evening unwind. The kitchen includes a brand-new oven with warming drawer, a portable dishwasher, and an opening to the living space. Ample closet space leads to a full bath. The unit also comes with dedicated storage, with additional rental storage available. Your monthly co-op fee covers all utilities and real estate taxes. Building amenities include a 24-hour front desk, pet-friendly policies, and a spectacular rooftop with sweeping views of the Washington Monument and Potomac Riverperfect for sunsets or relaxing with friends. Enjoy unbeatable convenience with Trader Joes, Whole Foods, and the Foggy Bottom Metro just steps away. Spend evenings at the Kennedy Center, stroll to Georgetowns waterfront, or dine at nearby favorites like Rasika, Blue Duck Tavern, and Nobu. Perfect for city livingthis home offers style, service, and location all in one.

Neighborhood Data

Neighborhood data shown for ZIP Code: 20037, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,694 (100%)
Owner Occupied HU	2,548 (23.8%)
Renter Occupied HU	6,452 (60.3%)
Vacant Housing Units	1,694 (15.8%)
Median Home Value	$978,316
Average Home Value	$1,152,383