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 listed at $277,900 pairs $2,615/mo rent with a $1,360/mo payment to leave $909/mo cash flow. Total monthly income runs $2,615/mo, and annual cash flow reaches $10,911/yr on $92,124 cash to close. Return on cash invested measures 31.75% in year one, and rental yield registers 11.29% at a $277,900 basis. Equity gained on principal adds $1,793/yr, and annual property appreciation at 5% supports $76,779 by year five. Five-year ROI tracks 166.33% and total cumulative return in cash totals $153,225. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,615/mo property income relative to a $1,360/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2023
277 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: N/A • N/A
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Mls ID: #N/A