1108 Owen Pl NEWashingtonDC20002
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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 1108 Owen Pl NE, Washington, DC, 20002 offers a 9.89% rental yield on a $349,000 purchase with $2,876/mo rent. Total monthly income registers $2,876/mo, and a $1,708/mo payment leaves $834/mo available for distribution. Annual cash flow reaches $10,002/yr on $115,694 to close, and return on cash invested stands at 28.55% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 148.78% and total cumulative return in cash at $172,128. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,876/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1925
1,152 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20002, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,543 (100%) |
| Owner Occupied HU | 12,288 (27.0%) |
| Renter Occupied HU | 26,295 (57.7%) |
| Vacant Housing Units | 6,960 (15.3%) |
| Median Home Value | $826,456 |
| Average Home Value | $892,956 |
Housing Distribution
Address Breakdown
Residential
43,009
Single Family
18,248
Multi-Family
24,761
Businesses
1,755
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Listed by: David Conforti • AEGIS REALTY COMPANY, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2214538