1111 24th St NW UNIT 27WashingtonDC20037
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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
Total monthly income runs $5,128/mo, and a $9,544/mo payment. Purchase price stands at $1,950,000, and rental yield measures 3.16% with $5,128/mo rent. Return on cash invested shows 8.43% in year one, and 5% annual appreciation builds toward $538,749 over five years. Five-year ROI reaches 40.75% and total cumulative return in cash records $257,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,128/mo property income covering a $9,544/mo payment rather than investor’s personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20037, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,694 (100%) |
| Owner Occupied HU | 2,548 (23.8%) |
| Renter Occupied HU | 6,452 (60.3%) |
| Vacant Housing Units | 1,694 (15.8%) |
| Median Home Value | $978,316 |
| Average Home Value | $1,152,383 |
Housing Distribution
Address Breakdown
Residential
8,588
Single Family
573
Multi-Family
8,015
Businesses
680
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Listed by: Chantal WINSTEAD • Realty ONE Group Capital
Mls Name: Bright MLS
Mls ID: #DCDC2238934