1245 13th St NW APT 907WashingtonDC20005
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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
Rental property for sale in Washington at 1245 13th St NW APT 907, Washington, DC, 20005 generates $3,660/mo in rent and, after a $2,692/mo payment, leaves $441/mo in cash flow. Total monthly income is $3,660/mo, and annual cash flow is $5,291/yr on $180,950 invested. Return on cash invested sits at 22.98% in year one, and rental yield is 7.99% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 118.85% and total cumulative return in cash sums $215,062. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,660/mo property income rather than buyer’s personal income.
Condo
Built in 1981
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
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Listed by: Meredith Margolis • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2229664