1550 11th St NW APT 407WashingtonDC20001
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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 1550 11th St NW APT 407, Washington, DC, 20001 uses $269,451 cash to close to unlock $7,105/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $5,386/mo, and a $4,009/mo payment keeps the spread at $592/mo. Purchase price stands at $819,000, and rental yield measures 7.89% with $5,386/mo rent. Return on cash invested shows 22.7% in year one, and 5% annual appreciation builds toward $226,275 over five years. Five-year ROI reaches 117.34% and total cumulative return in cash records $316,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,386/mo property income covering a $4,009/mo payment rather than investor’s personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20001, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,258 (100%) |
| Owner Occupied HU | 7,610 (24.3%) |
| Renter Occupied HU | 19,069 (61.0%) |
| Vacant Housing Units | 4,579 (14.6%) |
| Median Home Value | $858,542 |
| Average Home Value | $926,439 |
Housing Distribution
Address Breakdown
Residential
29,069
Single Family
8,083
Multi-Family
20,986
Businesses
1,943
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Listed by: Anne Stevenson • Washington Fine Properties, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2242838