1612 16th St NW APT 1WashingtonDC20009
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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 1612 16th St NW APT 1, Washington, DC, 20009 offers a 7.06% rental yield on a $945,000 purchase with $5,563/mo rent. Total monthly income registers $5,563/mo, and a $4,625/mo payment leaves $32/mo available for distribution. Annual cash flow reaches $388/yr on $310,905 to close, and return on cash invested stands at 20.19% in year one. Equity gained on principal adds $6,098/yr while 5% annual appreciation supports $261,086 over five years. Portfolio math shows five-year ROI at 103.85% and total cumulative return in cash at $322,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,563/mo property income against a $4,625/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20009, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
Single Family
Multi-Family
Businesses
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Listed by: John Taylor • Chatel Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2148986