1301 Potomac Ave SE UNIT 2WashingtonDC20003
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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
Total monthly income runs $5,230/mo, and a $3,982/mo payment. Purchase price stands at $813,500, and rental yield measures 7.71% with $5,230/mo rent. Return on cash invested shows 19.8% in year one, and 5% annual appreciation builds toward $224,755 over five years. Five-year ROI reaches 102.63% and total cumulative return in cash records $274,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,230/mo property income covering a $3,982/mo payment rather than investor’s personal income.
Condo
Built in 2017
762 sqft lot
$N/A/sqft
$328 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20003, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,121 (100%) |
| Owner Occupied HU | 6,629 (25.4%) |
| Renter Occupied HU | 15,625 (59.8%) |
| Vacant Housing Units | 3,867 (14.8%) |
| Median Home Value | $959,664 |
| Average Home Value | $1,046,138 |
Housing Distribution
Address Breakdown
Residential
25,270
Single Family
9,011
Multi-Family
16,259
Businesses
1,508
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Listed by: N/A • N/A
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Mls ID: #N/A