1103 Fern St NW #2WashingtonDC20012
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 1103 Fern St NW #2, Washington, DC, 20012 in Washington at $399,000 earns $5,858/mo in rent and nets $0/mo after the $1,794/mo payment, a 17.62% yield with limited short-term income headroom. Rental yield 17.62%. The equity story offsets the thin monthly spread: 5% annual appreciation adds $110,236 over five years. Ziffy Mortgage underwrites this on a 3.27 DSCR without U.S. credit history. With $3,675/yr in principal paydown, total projected return reaches $364,037.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.6% | 5.2% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,858 |
| Total Monthly Debt Service | $2,399 |
| DSCR Ratio | 2.44x |
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 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20012, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,966 (100%) |
| Owner Occupied HU | 4,110 (51.6%) |
| Renter Occupied HU | 3,023 (37.9%) |
| Vacant Housing Units | 833 (10.5%) |
| Median Home Value | $819,310 |
| Average Home Value | $904,245 |
Housing Distribution
Address Breakdown
Residential
7,755
Single Family
4,529
Multi-Family
3,226
Businesses
401
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 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20012, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,966 (100%) |
| Owner Occupied HU | 4,110 (51.6%) |
| Renter Occupied HU | 3,023 (37.9%) |
| Vacant Housing Units | 833 (10.5%) |
| Median Home Value | $819,310 |
| Average Home Value | $904,245 |
Housing Distribution
Address Breakdown
Residential
7,755
Single Family
4,529
Multi-Family
3,226
Businesses
401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices