1045 31st St NW APT 21WashingtonDC20007
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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 1045 31st St NW APT 21, Washington, DC, 20007 offers a 8.75% rental yield on a $565,000 purchase with $4,122/mo rent. Total monthly income registers $4,122/mo, and a $2,765/mo payment leaves $816/mo available for distribution. Annual cash flow reaches $9,786/yr on $185,885 to close, and return on cash invested stands at 25.33% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 131.41% and total cumulative return in cash at $244,275. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,122/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20007, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,376 (100%) |
| Owner Occupied HU | 6,093 (45.6%) |
| Renter Occupied HU | 5,844 (43.7%) |
| Vacant Housing Units | 1,439 (10.8%) |
| Median Home Value | $1,345,989 |
| Average Home Value | $1,371,625 |
Housing Distribution
Address Breakdown
Residential
13,897
Single Family
6,823
Multi-Family
7,074
Businesses
1,393
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Listed by: Rima Tannous • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2243036