1416 22nd St SE #5WashingtonDC20020
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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 1416 22nd St SE #5, Washington, DC, 20020 generates $2,010/mo in rent and, after a $1,424/mo payment, leaves $258/mo in cash flow. Total monthly income is $2,010/mo, and annual cash flow is $3,098/yr on $96,467 invested. Return on cash invested sits at 23.12% in year one, and rental yield is 8.29% on a $291,000 entry. Equity gained on principal adds $1,878/yr, while 5% annual appreciation builds toward $80,398 over five years. Five-year ROI reaches 119.89% and total cumulative return in cash sums $115,650. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,010/mo property income rather than buyer’s personal income.
Condo
Built in 1917
360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20020, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,460 (100%) |
| Owner Occupied HU | 6,831 (27.9%) |
| Renter Occupied HU | 15,173 (62.0%) |
| Vacant Housing Units | 2,456 (10.0%) |
| Median Home Value | $436,983 |
| Average Home Value | $485,945 |
Housing Distribution
Address Breakdown
Residential
23,175
Single Family
12,130
Multi-Family
11,045
Businesses
706
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