1049 Michigan Ave NE #1049WashingtonDC20017
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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 1049 Michigan Ave NE #1049, Washington, DC, 20017 earns $1,706/mo cash flow from $4,428/mo rent with a $2,276/mo payment. Total monthly income totals $4,428/mo, and annual cash flow totals $20,476/yr on $154,148 capital. ROI tracks 33.19% on current figures, and rental yield reads 11.43% at a $465,000 purchase. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 over five years. Five-year ROI reaches 173.64% and total cumulative return in cash sums $267,659. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,428/mo property income instead of your personal income.
Townhouse
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20017, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
Single Family
Multi-Family
Businesses
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Listed by: Katie Loughney • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2235412