1711 Massachusetts Ave NW #223WashingtonDC20036
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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 1711 Massachusetts Ave NW #223, Washington, DC, 20036 uses $84,533 cash to close to unlock $3,739/yr annual cash flow and $312/mo monthly cash flow. Total monthly income runs $1,804/mo, and a $1,248/mo payment keeps the spread at $312/mo. Purchase price stands at $255,000, and rental yield measures 8.49% with $1,804/mo rent. Return on cash invested shows 24.33% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 126.12% and total cumulative return in cash records $106,616. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,804/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Condo
Built in 1950
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: Mrs. KHARDIATA IFILL • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2233858