738 Longfellow St NW APT 311, Washington, DC, 20011 | $781/mo Cash Flow

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738 Longfellow St NW APT 311, Washington, DC, 20011 | $781/mo Cash Flow | Ziffy

For Sale

Currently Rented

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 738 Longfellow St NW APT 311, Washington, DC, 20011 offers a 9.78% rental yield on a $340,000 purchase with $2,771/mo rent. Total monthly income registers $2,771/mo, and a $1,664/mo payment leaves $781/mo available for distribution. Annual cash flow reaches $9,374/yr on $112,710 to close, and return on cash invested stands at 28.23% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 147.03% and total cumulative return in cash at $165,714. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,771/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1900

N/A lot

$N/A/sqft

No HOA

More details about the property

Modern Charm Meets DC Convenience at 738 Longfellow St NW #311 Welcome to Unit 311, a beautifully updated 2-bedroom, 1-bath condominium offering a perfect blend of modern comfort and classic DC charm. Located in the heart of Brightwood Park, this light-filled home sits in a well-maintained boutique building with timeless brick architecture and contemporary 2007 renovations. Step inside to discover gleaming hardwood floors, tall ceilings, and large windows that flood the space with natural light. The open-concept living and dining area is ideal for entertaining or relaxing, while the modern kitchen features granite countertops, stainless steel appliances, and ample cabinet space. Both bedrooms are generously sized with roomy closets, and the full bath is stylishly appointed with modern fixtures and tilework. Additional conveniences include in-unit laundry, central air conditioning, and secured building entry. Outside your door, enjoy easy access to Georgia Avenue, neighborhood cafes, and parks. Commuting is simple with nearby bus routes, Petworth and Fort Totten Metro stations, and quick connections to downtown DC. Highlights: 2 Bedrooms | 1 Bathroom Hardwood Floors & Modern Finishes In-Unit Laundry | Central AC Professionally Managed Building Steps from Shops, Dining, and Public Transit Unit is currently tenant occupied Dont miss the opportunity to own this bright and stylish urban retreat in one of Northwest DCs most connected neighborhoods!

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