1263 Delaware Ave SW #53WashingtonDC20024
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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 1263 Delaware Ave SW #53, Washington, DC, 20024 earns from $4,826/mo rent with a $4,158/mo payment. Total monthly income totals $4,826/mo. ROI tracks 19.43% on current figures, and rental yield reads 6.82% at a $849,500 purchase. Equity gained on principal adds $5,482/yr, and 5% annual appreciation supports $234,701 over five years. Five-year ROI reaches 99.81% and total cumulative return in cash sums $278,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,826/mo property income instead of your personal income.
Townhouse
Built in 1967
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: Joan Carmichael • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #DCDC2240704