1016 Harvard St NWWashingtonDC20001
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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 1016 Harvard St NW, Washington, DC, 20001 offers a 8.25% rental yield on a $449,000 purchase with $3,088/mo rent. Total monthly income registers $3,088/mo, and a $2,198/mo payment leaves $460/mo available for distribution. Annual cash flow reaches $5,517/yr on $148,844 to close, and return on cash invested stands at 23.62% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 122.28% and total cumulative return in cash at $182,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,088/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1,925 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20001, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,258 (100%) |
| Owner Occupied HU | 7,610 (24.3%) |
| Renter Occupied HU | 19,069 (61.0%) |
| Vacant Housing Units | 4,579 (14.6%) |
| Median Home Value | $858,542 |
| Average Home Value | $926,439 |
Housing Distribution
Address Breakdown
Residential
29,069
Single Family
8,083
Multi-Family
20,986
Businesses
1,943
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Listed by: Ameer Gilani • TTR Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #DCDC2225500