1026 16th St NW APT 202WashingtonDC20036
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Washington rental at 1026 16th St NW APT 202, Washington, DC, 20036 sits in the solid-income band: 8% gross yield, $6,332/mo rent, $772/mo net after the $4,272/mo debt service, DSCR 1.48. Entry price of $950,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $262,467 and $8,750/yr in principal reduction bring total cumulative return to $408,495.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.2% |
| Monthly Cash Flow | $772 | $1,200 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,332 |
| Total Monthly Debt Service | $5,182 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20036, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,592 (100%) |
| Owner Occupied HU | 1,131 (24.6%) |
| Renter Occupied HU | 2,781 (60.6%) |
| Vacant Housing Units | 680 (14.8%) |
| Median Home Value | $531,985 |
| Average Home Value | $695,480 |
Housing Distribution
Address Breakdown
Residential
3,785
Single Family
196
Multi-Family
3,589
Businesses
2,201
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
Condo
Built in 1923
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20036, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,592 (100%) |
| Owner Occupied HU | 1,131 (24.6%) |
| Renter Occupied HU | 2,781 (60.6%) |
| Vacant Housing Units | 680 (14.8%) |
| Median Home Value | $531,985 |
| Average Home Value | $695,480 |
Housing Distribution
Address Breakdown
Residential
3,785
Single Family
196
Multi-Family
3,589
Businesses
2,201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vincent Hurteau • Continental Properties, Ltd.
Mls Name: Bright MLS
Mls ID: #DCDC2213772