1150 K St NW APT 1307WashingtonDC20005
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1150 K St NW APT 1307, Washington, DC, 20005 in Washington: $3,235/mo in rent, $765/mo in net income, 9.2% gross yield, 1.70 DSCR, all at $422,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $116,591 in appreciation and $3,887/yr in principal paydown projects total cumulative return of $208,618.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.2% |
| Monthly Cash Flow | $765 | $1,200 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,235 |
| Total Monthly Debt Service | $2,302 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20005, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,710 (100%) |
| Owner Occupied HU | 2,336 (24.1%) |
| Renter Occupied HU | 6,232 (64.2%) |
| Vacant Housing Units | 1,142 (11.8%) |
| Median Home Value | $709,828 |
| Average Home Value | $833,652 |
Housing Distribution
Address Breakdown
Residential
9,167
Single Family
549
Multi-Family
8,618
Businesses
1,856
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20005, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,710 (100%) |
| Owner Occupied HU | 2,336 (24.1%) |
| Renter Occupied HU | 6,232 (64.2%) |
| Vacant Housing Units | 1,142 (11.8%) |
| Median Home Value | $709,828 |
| Average Home Value | $833,652 |
Housing Distribution
Address Breakdown
Residential
9,167
Single Family
549
Multi-Family
8,618
Businesses
1,856
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Young • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #DCDC2225276