1530 Spring Pl NWWashingtonDC20010
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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 1530 Spring Pl NW, Washington, DC, 20010 listed at $750,000 pairs $6,151/mo rent with a $3,671/mo payment to leave $1,761/mo cash flow. Total monthly income runs $6,151/mo, and annual cash flow reaches $21,135/yr on $246,750 cash to close. Return on cash invested measures 28.63% in year one, and rental yield registers 9.84% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 149.11% and total cumulative return in cash totals $367,938. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,151/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1922
2,043 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20010, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,885 (100%) |
| Owner Occupied HU | 4,717 (31.7%) |
| Renter Occupied HU | 9,131 (61.3%) |
| Vacant Housing Units | 1,037 ( 7.0%) |
| Median Home Value | $876,050 |
| Average Home Value | $937,564 |
Housing Distribution
Address Breakdown
Residential
14,553
Single Family
5,689
Multi-Family
8,864
Businesses
610
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Listed by: Bridgette Cline • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #DCDC2210010