1111 Fairmont St NWWashingtonDC20009
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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 Fairmont St NW, Washington, DC, 20009 uses $322,091 cash to close to unlock $5,949/yr annual cash flow and $496/mo monthly cash flow. Total monthly income runs $6,226/mo, and a $4,792/mo payment keeps the spread at $496/mo. Purchase price stands at $979,000, and rental yield measures 7.63% with $6,226/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $270,480 over five years. Five-year ROI reaches 113.07% and total cumulative return in cash records $364,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,226/mo property income covering a $4,792/mo payment rather than investor’s personal income.
Townhouse
Built in 1910
1,667 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20009, 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: David Abrams • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2234470