1245 4th St SW APT E-501WashingtonDC20024
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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 1245 4th St SW APT E-501, Washington, DC, 20024 listed at $349,900 pairs $2,948/mo rent with a $1,713/mo payment to leave $900/mo cash flow. Total monthly income runs $2,948/mo, and annual cash flow reaches $10,796/yr on $115,992 cash to close. Return on cash invested measures 29.22% in year one, and rental yield registers 10.11% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 152.32% and total cumulative return in cash totals $176,682. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,948/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20024, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,659 (100%) |
| Owner Occupied HU | 3,446 (22.0%) |
| Renter Occupied HU | 9,910 (63.3%) |
| Vacant Housing Units | 2,303 (14.7%) |
| Median Home Value | $569,155 |
| Average Home Value | $671,705 |
Housing Distribution
Address Breakdown
Residential
12,937
Single Family
2,977
Multi-Family
9,960
Businesses
607
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Listed by: Andy Peers • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2228096