1427 Rhode Island Ave NW APT 202WashingtonDC20005
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 1427 Rhode Island Ave NW APT 202, Washington, DC, 20005 in Washington achieves a 1.50 ratio at $507,400: $3,420/mo rent versus $2,282/mo debt service. Rental yield 8.09%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.09% yield compounds alongside 5% annual appreciation projecting $140,185 in value. Total projected cumulative return: $186,669.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.2% |
| Monthly Cash Flow | $(116) | $1,200 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,420 |
| Total Monthly Debt Service | $3,334 |
| DSCR Ratio | 1.03x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 2017
135 sqft lot
$N/A/sqft
$434 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Apartment
Built in 2017
135 sqft lot
$N/A/sqft
$434 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A