1307 Longfellow St NW #10AWashingtonDC20011
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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 1307 Longfellow St NW #10A, Washington, DC, 20011 generates $3,061/mo in rent and, after a $1,936/mo payment, leaves $746/mo in cash flow. Total monthly income is $3,061/mo, and annual cash flow is $8,952/yr on $131,108 invested. Return on cash invested sits at 26.74% in year one, and rental yield is 9.29% on a $395,500 entry. Equity gained on principal adds $2,552/yr, while 5% annual appreciation builds toward $109,269 over five years. Five-year ROI reaches 139.01% and total cumulative return in cash sums $182,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,061/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20011, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,769 (100%) |
| Owner Occupied HU | 13,345 (48.1%) |
| Renter Occupied HU | 12,310 (44.3%) |
| Vacant Housing Units | 2,114 ( 7.6%) |
| Median Home Value | $721,753 |
| Average Home Value | $798,090 |
Housing Distribution
Address Breakdown
Residential
26,797
Single Family
15,791
Multi-Family
11,006
Businesses
800
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Listed by: Sam Sadeghi • Samson Properties
Mls Name: Bright MLS
Mls ID: #DCDC2212750