1711 Massachusetts Ave NW #505WashingtonDC20036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 #505, Washington, DC, 20036 offers a 10% rental yield on a $380,000 purchase with $3,166/mo rent. Total monthly income registers $3,166/mo, and a $1,860/mo payment leaves $942/mo available for distribution. Annual cash flow reaches $11,302/yr on $125,970 to close, and return on cash invested stands at 28.88% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 150.5% and total cumulative return in cash at $189,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,166/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Desmond McKenna • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2212112