1520 16th St NWWashingtonDC20036
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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 1520 16th St NW, Washington, DC, 20036 earns from $2,958/mo rent with a $2,932/mo payment. Total monthly income totals $2,958/mo. ROI tracks 16.72% on current figures, and rental yield reads 5.93% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 85.28% and total cumulative return in cash sums $168,058. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,958/mo property income instead of your personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20036, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,592 (100%) |
| Owner Occupied HU | 1,131 (24.6%) |
| Renter Occupied HU | 2,781 (60.6%) |
| Vacant Housing Units | 680 (14.8%) |
| Median Home Value | $531,985 |
| Average Home Value | $695,480 |
Housing Distribution
Address Breakdown
Residential
3,785
Single Family
196
Multi-Family
3,589
Businesses
2,201
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Listed by: Scott Purcell • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2241388