1280 16th St NE, Washington, DC, 20002 | 6.5% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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1280 16th St NE, Washington, DC, 20002 | 6.5% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Washington at 1280 16th St NE, Washington, DC, 20002 earns from $2,702/mo rent with a $2,442/mo payment. Total monthly income totals $2,702/mo. ROI tracks 18.33% on current figures, and rental yield reads 6.5% at a $498,999 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,864 over five years. Five-year ROI reaches 93.91% and total cumulative return in cash sums $155,345. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,702/mo property income instead of your personal income.

Townhouse

Built in 1951

1,460 sqft lot

$N/A/sqft

No HOA

More details about the property

Dynamite DC Duplex! Estate Sale - Classic 2-Unit Building in Vibrant Trinidad on Deep Lot with Off-street Parking and Private Outdoor Space at Purse-pleasing Price! Steps from Union Market, Ivy City, H Street and Capitol Hill, Arboretum and More! This income-generating duplex is priced below the current $541K assessment and offers two rewarding rental apartments in one building. The upper unit is a recently restored and in turn-key condition, a tenant-occupied 1-bedroom + 1-bathroom residence with updated gourmet kitchen, refinished bath, with separate electric and gas meters. Roll up your sleeps, the lower unit needs to be put back together but offers a clean slate for an easy renovation, quick rental and value return. Access to nearby Menus, Shopping and Transportation Options makes this one a slam dunk rental or a great home with an attached income generating unit. Priced Aggressively 10% Under DC Tax Assessment Value. Check recent nearby sales and make your offer today! By Appointment Open House Sat & Sun!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20002, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	45,543 (100%)
Owner Occupied HU	12,288 (27.0%)
Renter Occupied HU	26,295 (57.7%)
Vacant Housing Units	6,960 (15.3%)
Median Home Value	$826,456
Average Home Value	$892,956