1421 Spring Rd NW #101WashingtonDC20010
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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 1421 Spring Rd NW #101, Washington, DC, 20010 earns $329/mo cash flow from $1,791/mo rent with a $1,223/mo payment. Total monthly income totals $1,791/mo, and annual cash flow totals $3,942/yr on $82,842 capital. ROI tracks 24.67% on current figures, and rental yield reads 8.6% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 127.95% and total cumulative return in cash sums $105,998. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,791/mo property income instead of your personal income.
Condo
Built in 2023
N/A 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: D'Ann Lanning • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2239394