1514 K St SE UNIT 2WashingtonDC20003
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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 1514 K St SE UNIT 2, Washington, DC, 20003 generates $2,982/mo in rent and, after a $2,374/mo payment, leaves $143/mo in cash flow. Total monthly income is $2,982/mo, and annual cash flow is $1,719/yr on $160,778 invested. Return on cash invested sits at 20.98% in year one, and rental yield is 7.38% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 108.14% and total cumulative return in cash sums $173,870. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,982/mo property income rather than buyer’s personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20003, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,121 (100%) |
| Owner Occupied HU | 6,629 (25.4%) |
| Renter Occupied HU | 15,625 (59.8%) |
| Vacant Housing Units | 3,867 (14.8%) |
| Median Home Value | $959,664 |
| Average Home Value | $1,046,138 |
Housing Distribution
Address Breakdown
Residential
25,270
Single Family
9,011
Multi-Family
16,259
Businesses
1,508
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Listed by: Loretta Gray • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2221668