1516 E Capitol St NE #15WashingtonDC20003
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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 1516 E Capitol St NE #15, Washington, DC, 20003 generates $4,147/mo in rent and, after a $3,426/mo payment, leaves $50/mo in cash flow. Total monthly income is $4,147/mo, and annual cash flow is $602/yr on $230,300 invested. Return on cash invested sits at 20.32% in year one, and rental yield is 7.11% on a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 104.59% and total cumulative return in cash sums $240,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,147/mo property income rather than buyer’s personal income.
Condo
Built in 2025
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: Chris Blakemore • McWilliams/Ballard Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2233832