1145 16th St NE #2WashingtonDC20002
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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 1145 16th St NE #2, Washington, DC, 20002 offers a 10.76% rental yield on a $636,900 purchase with $5,712/mo rent. Total monthly income registers $5,712/mo, and a $3,117/mo payment leaves $1,985/mo available for distribution. Annual cash flow reaches $23,816/yr on $209,540 to close, and return on cash invested stands at 31.43% in year one. Equity gained on principal adds $4,110/yr while 5% annual appreciation supports $175,964 over five years. Portfolio math shows five-year ROI at 164.13% and total cumulative return in cash at $343,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,712/mo property income against a $3,117/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A