Top 10 Washington DC Zillow Investment Listings Ranked by Cash-on-Cash Return
Ten Washington DC rental listings from Zillow ranked by cash-on-cash return. Condos, townhomes, and multi-family across SE and NW, with Realy metrics and investor notes.
We pulled ten active Washington, DC listings from Zillow and ranked them by cash-on-cash return (CoC) in Realy, highest first.
Most of the list sits under $115K: condos and small townhomes in 20011, 20019, 20001, 20020, and 20032. Every property shows positive CoC with the default lean assumptions (no insurance, no HOA, no vacancy). That does not mean they are easy deals. On $75K to $100K DC condos, the headline number usually breaks once you add HOA and real rent comps.
Use this as a screening list, not a buy list.
Calculation Assumptions Used
| Input | Setting |
|---|---|
| Down payment | 20% · Closing 1% · Rate 6.5% · 30Y fixed |
| Property taxes | 2% of sale value |
| Insurance, vacancy, maintenance, HOA | $0 (add your quotes) |
| Rent | Zillow Rent Zestimate |
Formulas: cash-on-cash · NOI
At-a-Glance Ranking
| # | Address | Price | Beds/Baths | CoC | Cap Rate | Mo. CF | Rent/mo |
|---|---|---|---|---|---|---|---|
| 1 | 236 Farragut St NW #H-203 | $100,000 | 3 / 1 | 142.7% | 36.0% | $2,498 | $3,170 |
| 2 | 4469 B St SE APT 103 | $89,900 | 3 / 1 | 121.8% | 31.6% | $1,916 | $2,520 |
| 3 | 475 K St NW Unit 403 | $97,952 | 1 / 1 | 108.0% | 28.8% | $1,851 | $2,510 |
| 4 | 1436 Nw #W | $113,950 | 1 / 1 | 81.1% | 23.1% | $1,617 | $2,383 |
| 5 | 2118 Suitland Ter SE | $75,000 | 1 / 1 | 77.4% | 22.3% | $1,016 | $1,520 |
| 6 | 4639 Hillside Rd SE | $249,900 | 4 / n/a | 70.1% | 20.8% | $3,066 | $4,746 |
| 7 | 834 Wheeler Hill Dr SE #834 | $264,999 | 4 / 4 | 64.8% | 19.7% | $3,003 | $4,785 |
| 8 | 3866 9th St SE APT 102 | $90,000 | 2 / 1 | 63.4% | 19.4% | $998 | $1,603 |
| 9 | 2402 Southern Ave SE | $199,000 | 3 / 2 | 57.1% | 18.1% | $1,987 | $3,325 |
| 10 | 1713 Gainesville St SE APT 101 | $229,000 | 3 / 3 | 52.2% | 17.0% | $2,090 | $3,630 |
#1: 236 Farragut St NW #H-203, Washington DC 20011
Condo · 3 bed / 1 bath · 1,313 sqft · $100,000
| Metric | Value |
|---|---|
| Cash-on-cash | 142.7% |
| Cap rate | 36.0% |
| Monthly cash flow | $2,498 |
| Total cash down | $21,000 |
| Price / sqft | $76 |
| Rent / sqft | $2.41 |
Three beds in NW for $100K with a $3,170 Rent Zestimate tops the list on paper. It also has a $50K price cut on record and 203 days on Zillow, which is odd for a number this high.
Check the condo docs, HOA fee, and whether $3,170/mo is realistic in 20011. Realy left HOA at $0; most DC condos run $300 to $600+/mo, which wipes out a big chunk of this CoC.
#2: 4469 B St SE APT 103, Washington DC 20019
Condo · 3 bed / 1 bath · 867 sqft · $89,900
| Metric | Value |
|---|---|
| Cash-on-cash | 121.8% |
| Cap rate | 31.6% |
| Monthly cash flow | $1,916 |
| Total cash down | $18,879 |
| Price / sqft | $104 |
| Rent / sqft | $2.91 |
Under $90K for a 3/1 in Congress Heights. Rent Zestimate is $2,520/mo. Only 4 days on Zillow when this was captured.
Tax assessed value shows $272,940 against an $89,900 ask. Pull the actual DC tax bill before you trust the 2% model. Small unit with three beds: walk it and compare rents.
#3: 475 K St NW Unit 403, Washington DC 20001
Condo · 1 bed / 1 bath · 696 sqft · $97,952
| Metric | Value |
|---|---|
| Cash-on-cash | 108.0% |
| Cap rate | 28.8% |
| Monthly cash flow | $1,851 |
| Total cash down | $20,570 |
| Price / sqft | $141 |
| Rent / sqft | $3.61 |
20001 one-bedroom with strong rent per foot ($3.61). Zestimate ~$90,600. Tax assessed ~$98,870. About 61 days on market.
Confirm rental rules in the building and whether $2,510/mo holds for a 696 sqft unit near downtown.
#4: 1436 Nw #W, Washington DC 20506
Condo · 1 bed / 1 bath · 570 sqft · $113,950
| Metric | Value |
|---|---|
| Cash-on-cash | 81.1% |
| Cap rate | 23.1% |
| Monthly cash flow | $1,617 |
| Total cash down | $23,930 |
| Price / sqft | $200 |
| Rent / sqft | $4.18 |
Small NW unit (570 sqft) at $200/sqft. Rent/sqft looks great until you stress-test a $2,383/mo lease on 570 feet.
Price ticked up $2,250 on Zillow. ~195 days on market. Pin down the exact building and 20506 location before you model this as a normal condo rental.
#5: 2118 Suitland Ter SE, Washington DC 20020
Townhouse · 1 bed / 1 bath · 708 sqft · $75,000
| Metric | Value |
|---|---|
| Cash-on-cash | 77.4% |
| Cap rate | 22.3% |
| Monthly cash flow | $1,016 |
| Total cash down | $15,750 |
| Price / sqft | $106 |
| Rent / sqft | $2.15 |
Cheapest price on the list. Zillow shows a $72,961 cut on Aug 19. That kind of drop needs an explanation: title, condition, liens, or something else.
Tax assessed at $172,360 vs $75K list. One-bed townhome, so rent comps matter. ~7 days on Zillow after the cut.
#6: 4639 Hillside Rd SE, Washington DC 20019
Multi-family · 4 bed · 2,520 sqft · $249,900
| Metric | Value |
|---|---|
| Cash-on-cash | 70.1% |
| Cap rate | 20.8% |
| Monthly cash flow | $3,066 |
| Total cash down | $52,479 |
| Price / sqft | $99 |
| Rent / sqft | $1.88 |
Bank-owned foreclosure. Highest monthly cash flow in the set ($3,066/mo modeled). $4,746/mo Rent Zestimate on 2,520 sqft.
No bath count in the feed: confirm whether this is a duplex, fourplex, or something else. Budget for as-is work, a longer close, and DC landlord licensing. Tax assessed $443,620 vs $249,900 ask. ~123 days on Zillow.
#7: 834 Wheeler Hill Dr SE #834, Washington DC 20032
Townhouse · 4 bed / 4 bath · 1,739 sqft · $264,999
| Metric | Value |
|---|---|
| Cash-on-cash | 64.8% |
| Cap rate | 19.7% |
| Monthly cash flow | $3,003 |
| Total cash down | $55,650 |
| Price / sqft | $152 |
| Rent / sqft | $2.75 |
End-unit brick townhome, 4/4, $4,785/mo rent estimate. $5,001 price cut on Aug 5. Zestimate ~$267K.
Tax assessed above list at $342,840. ~101 days on market. Family-sized rental in Congress Heights; still model insurance and upkeep yourself.
#8: 3866 9th St SE APT 102, Washington DC 20032
Condo · 2 bed / 1 bath · 708 sqft · $90,000
| Metric | Value |
|---|---|
| Cash-on-cash | 63.4% |
| Cap rate | 19.4% |
| Monthly cash flow | $998 |
| Total cash down | $18,900 |
| Price / sqft | $127 |
| Rent / sqft | $2.26 |
2/1 condo with a $20K cut back in June. Listing mentions in-unit washer/dryer. ~181 days on Zillow anyway.
Tax assessed $145,860 vs $90K ask. Get HOA docs and rental caps before you count on 63% CoC.
#9: 2402 Southern Ave SE, Washington DC 20020
Townhouse · 3 bed / 2 bath · 1,536 sqft · $199,000
| Metric | Value |
|---|---|
| Cash-on-cash | 57.1% |
| Cap rate | 18.1% |
| Monthly cash flow | $1,987 |
| Total cash down | $41,790 |
| Price / sqft | $130 |
| Rent / sqft | $2.16 |
3/2 townhome under $200K with a fenced yard per the listing. Zestimate ~$191,900. Rent estimate $3,325/mo.
Tax assessed $284,660, well above list. ~0.38-acre lot is large for DC; check zoning and upkeep. ~81 days on market.
#10: 1713 Gainesville St SE APT 101, Washington DC 20020
Condo · 3 bed / 3 bath · 1,678 sqft · $229,000
| Metric | Value |
|---|---|
| Cash-on-cash | 52.2% |
| Cap rate | 17.0% |
| Monthly cash flow | $2,090 |
| Total cash down | $48,090 |
| Price / sqft | $136 |
| Rent / sqft | $2.16 |
Biggest condo on the list: 3/3, 1,678 sqft, one parking space. Lowest CoC % here but still above 50% on defaults. ~5 days on Zillow.
Zestimate matches list at $229K. Tax assessed $307,950. Compare to #9: townhome at $199K with similar rent ($3,325 vs $3,630).
What Stood Out Across the List
Seven of ten are condos. Realy had HOA at zero on all of them. In DC, that alone often cuts CoC in half.
Most addresses are SE (20019, 20020, 20032). Yields look higher there; so does the diligence load.
Anything showing 100%+ CoC on a sub-$100K condo deserves a second model with HOA, insurance, one month vacancy, and 8% management. Many drop into the teens. See when a high cap rate is a trap.
Big price cuts show up on #1 ($50K), #5 ($73K), and #8 ($20K). Motivated seller, or a problem. Find out which.
Tax assessed value runs way above list on several rows (#2, #5, #6, #9). Pull DC records; do not assume 2% of list is the full story.
For side-by-side markets: Atlanta top 10 · Dallas top 10
Run This Search Yourself
- Install Realy
- Open Zillow in Washington DC
- Hit Open Realy Analyzer, sort by cash-on-cash
- For condos, plug in HOA before you rank
More reading: Finding cash-flowing rentals on Zillow · Red flags on listings
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