1000 New Jersey Ave SE APT 216WashingtonDC20003
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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
Investment Highlights
Investment property for sale in Washington at 1000 New Jersey Ave SE APT 216, Washington, DC, 20003 earns $387/mo cash flow from $2,587/mo rent with a $1,840/mo payment. Total monthly income totals $2,587/mo, and annual cash flow totals $4,641/yr on $124,611 capital. ROI tracks 23.63% on current figures, and rental yield reads 8.26% at a $375,900 purchase. Equity gained on principal adds $2,426/yr, and 5% annual appreciation supports $103,854 over five years. Five-year ROI reaches 122.38% and total cumulative return in cash sums $152,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,587/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20003, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,121 (100%) |
| Owner Occupied HU | 6,629 (25.4%) |
| Renter Occupied HU | 15,625 (59.8%) |
| Vacant Housing Units | 3,867 (14.8%) |
| Median Home Value | $959,664 |
| Average Home Value | $1,046,138 |
Housing Distribution
Address Breakdown
Residential
25,270
Single Family
9,011
Multi-Family
16,259
Businesses
1,508
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Listed by: Aahil Virani • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2232484