1467 Ridge Pl SE, Washington, DC, 20020 | $690/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1467 Ridge Pl SE, Washington, DC, 20020 | $690/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Washington at 1467 Ridge Pl SE, Washington, DC, 20020 offers a 9.53% rental yield on a $329,900 purchase with $2,621/mo rent. Total monthly income registers $2,621/mo, and a $1,615/mo payment leaves $690/mo available for distribution. Annual cash flow reaches $8,278/yr on $109,362 to close, and return on cash invested stands at 27.48% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 143% and total cumulative return in cash at $156,387. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,621/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1927

1,167 sqft lot

$N/A/sqft

No HOA

More details about the property

Transform this 3-bedroom, 3.5-bathroom property into your dream home or a profitable investment. With plans and permits already finalized, its ready for your personal touch to unlock its full potential. Perfectly located, the property offers easy access to public transportation, community amenities, and a wide variety of excellent dining options. Its just one block from the nearest bus stop and close to local attractions such as the Frederick Douglass Community Center, Anacostia Arts Center, Anacostia Metro Station, Anacostia Neighborhood Library, Anacostia Community Museum, and scenic Anacostia Park along the waterfront. Nearby dining favorites include Busboys and Poets, King City Restaurant, Kings Cafe, Mama's Pizza Kitchen, Turning Natural, 6CO Eatery, and Open Crumb. Grocery shopping is a breeze with Lidl and Safeway nearby. Fitness enthusiasts will enjoy the convenience of Planet Fitness, and sports fans will love being only two miles from Nationals Park, just across the bridge. Situated at the intersection of 695, 295, Pennsylvania Avenue, and Suitland Parkway, this prime location provides quick and easy access to a range of destinations.

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