1111 24th St NW UNIT 72WashingtonDC20037
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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 1111 24th St NW UNIT 72, Washington, DC, 20037 offers a 4.37% rental yield on a $1,903,890 purchase with $6,936/mo rent. 32% in year one. Equity gained on principal adds $12,286/yr while 5% annual appreciation supports $526,010 over five years. Portfolio math shows five-year ROI at 41.53% and total cumulative return in cash at $256,212. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,936/mo property income against a $9,319/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2018
194 sqft lot
$N/A/sqft
$1,618 monthly 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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