1020 Monroe St NW APT 204WashingtonDC20010
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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 1020 Monroe St NW APT 204, Washington, DC, 20010 listed at $335,000 pairs $2,228/mo rent with a $1,640/mo payment to leave $267/mo cash flow. Total monthly income runs $2,228/mo, and annual cash flow reaches $3,204/yr on $111,053 cash to close. Return on cash invested measures 22.79% in year one, and rental yield registers 7.98% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 117.87% and total cumulative return in cash totals $130,892. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,228/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20010, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,885 (100%) |
| Owner Occupied HU | 4,717 (31.7%) |
| Renter Occupied HU | 9,131 (61.3%) |
| Vacant Housing Units | 1,037 ( 7.0%) |
| Median Home Value | $876,050 |
| Average Home Value | $937,564 |
Housing Distribution
Address Breakdown
Residential
14,553
Single Family
5,689
Multi-Family
8,864
Businesses
610
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Listed by: Brian Creamer • Perennial Real Estate
Mls Name: Bright MLS
Mls ID: #DCDC2241464