1317 Rhode Island Ave NW APT 205WashingtonDC20005
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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 1317 Rhode Island Ave NW APT 205, Washington, DC, 20005 earns $399/mo cash flow from $2,916/mo rent with a $2,105/mo payment. Total monthly income totals $2,916/mo, and annual cash flow totals $4,787/yr on $142,545 capital. ROI tracks 23.27% on current figures, and rental yield reads 8.14% at a $430,000 purchase. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 over five years. Five-year ROI reaches 120.4% and total cumulative return in cash sums $171,627. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,916/mo property income instead of your personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20005, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,710 (100%) |
| Owner Occupied HU | 2,336 (24.1%) |
| Renter Occupied HU | 6,232 (64.2%) |
| Vacant Housing Units | 1,142 (11.8%) |
| Median Home Value | $709,828 |
| Average Home Value | $833,652 |
Housing Distribution
Address Breakdown
Residential
9,167
Single Family
549
Multi-Family
8,618
Businesses
1,856
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Listed by: Craig Fauver • Craig Fauver Real Estate
Mls Name: Bright MLS
Mls ID: #DCDC2242364