1410 Meridian Pl NWWashingtonDC20010
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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 1410 Meridian Pl NW, Washington, DC, 20010 uses $230,300 cash to close to unlock $18,950/yr annual cash flow and $1,579/mo monthly cash flow. Total monthly income runs $5,676/mo, and a $3,426/mo payment keeps the spread at $1,579/mo. Purchase price stands at $700,000, and rental yield measures 9.73% with $5,676/mo rent. Return on cash invested shows 28.29% in year one, and 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 147.31% and total cumulative return in cash records $339,256. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,676/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Townhouse
Built in 1910
1,274 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20010, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,885 (100%) |
| Owner Occupied HU | 4,717 (31.7%) |
| Renter Occupied HU | 9,131 (61.3%) |
| Vacant Housing Units | 1,037 ( 7.0%) |
| Median Home Value | $876,050 |
| Average Home Value | $937,564 |
Housing Distribution
Address Breakdown
Residential
14,553
Single Family
5,689
Multi-Family
8,864
Businesses
610
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Listed by: Robert Morris • Keller Williams Capital Properties
Mls Name: Bright MLS
Mls ID: #DCDC2231594