1177 22nd St NW UNIT 7BWashingtonDC20037
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
Investment Highlights
Investment property for sale in Washington at 1177 22nd St NW UNIT 7B, Washington, DC, 20037 listed at $1,285,000 pairs $4,423/mo rent with a $6,289/mo payment. Total monthly income runs $4,423/mo. Return on cash invested measures 11.44% in year one, and rental yield registers 4.13% at a $1,285,000 basis. Equity gained on principal adds $8,292/yr, and annual property appreciation at 5% supports $355,022 by year five. Five-year ROI tracks 56.89% and total cumulative return in cash totals $236,854. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,423/mo property income relative to a $6,289/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
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: Patrick Chauvin • Washington Fine Properties, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2201538