1640 L St NEWashingtonDC20002
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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 1640 L St NE, Washington, DC, 20002 earns $493/mo cash flow from $3,599/mo rent with a $2,488/mo payment. Total monthly income totals $3,599/mo, and annual cash flow totals $5,911/yr on $167,231 capital. ROI tracks 23.59% on current figures, and rental yield reads 8.5% at a $508,300 purchase. Equity gained on principal adds $3,280/yr, and 5% annual appreciation supports $140,434 over five years. Five-year ROI reaches 122.47% and total cumulative return in cash sums $204,814. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,599/mo property income instead of your personal income.
Single Family
Built in 1925
2,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20002, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,543 (100%) |
| Owner Occupied HU | 12,288 (27.0%) |
| Renter Occupied HU | 26,295 (57.7%) |
| Vacant Housing Units | 6,960 (15.3%) |
| Median Home Value | $826,456 |
| Average Home Value | $892,956 |
Housing Distribution
Address Breakdown
Residential
43,009
Single Family
18,248
Multi-Family
24,761
Businesses
1,755
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Listed by: N/A • N/A
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