1008 Douglas St NEWashingtonDC20018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1008 Douglas St NE, Washington, DC, 20018 uses $230,300 cash to close to unlock $3,686/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $4,404/mo, and a $3,426/mo payment keeps the spread at $307/mo. Purchase price stands at $699,999, and rental yield measures 7.55% with $4,404/mo rent. Return on cash invested shows 21.66% in year one, and 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 111.77% and total cumulative return in cash records $257,415. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,404/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 1925
4,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20018, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,988 (100%) |
| Owner Occupied HU | 4,900 (49.1%) |
| Renter Occupied HU | 4,359 (43.6%) |
| Vacant Housing Units | 729 ( 7.3%) |
| Median Home Value | $670,931 |
| Average Home Value | $755,268 |
Housing Distribution
Address Breakdown
Residential
9,809
Single Family
5,914
Multi-Family
3,895
Businesses
638
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LaShawn English • HomeSmart
Mls Name: Bright MLS
Mls ID: #DCDC2240024