922 24th St NW APT 820, Washington, DC, 20037 | 8.63% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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922 24th St NW APT 820, Washington, DC, 20037 | 8.63% Rental Yield | 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 922 24th St NW APT 820, Washington, DC, 20037 earns from $1,725/mo rent with a $1,174/mo payment. Total monthly income totals $1,725/mo. ROI tracks 14.53% on current figures, and rental yield reads 8.63% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 77.28% and total cumulative return in cash sums $61,459. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,725/mo property income instead of your personal income.

Condo

Built in 1962

138 sqft lot

$N/A/sqft

$620 monthly HOA

More details about the property

LARGE SPACIOUS STUDIO @ JEFFERSON HOUSE Eighth floor Perfect investment opportunity. Best location for young professionals, GWU Medical students, residents, medical staff. The Jefferson House is a luxury building across the street from GWU Hospital and Foggy Bottom Metro, within the GWU campus. Large, spacious, quiet, L-shaped studio apartment at the prestigious Jefferson House, with lots of windows, light, and closet space. The Jefferson House is a luxury building across the street from GWU Hospital and Foggy Bottom Metro, within the GWU campus. Steps to Whole Foods and Trader Joe's, and just blocks from IMF, State Department, World Bank, Kennedy Center, and Georgetown. Walk to restaurants, social life, and all amenities of living in downtown, DC. A luxury building with 24/7 front desk service, camera security throughout the building, new washers and dryers, completely renovated lobby and corridors, new elevators, a professional Maintenance Engineer and General Manager on the premises, daily common area cleaning in the building, a large in-ground pool and deck, and more. Eighth floor - No street noise, lots of light BR space large enough for two twin beds / one king size 1 Full bath Full kitchen w/microwave oven, new range oven Spacious living room with new carpeting Lots of closet space Vertical blinds Private owner.

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