1718 P St NW APT L8WashingtonDC20036
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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 1718 P St NW APT L8, Washington, DC, 20036 uses $140,888 cash to close to unlock $11,817/yr annual cash flow and $985/mo monthly cash flow. Total monthly income runs $3,472/mo, and a $2,080/mo payment keeps the spread at $985/mo. Purchase price stands at $425,000, and rental yield measures 9.8% with $3,472/mo rent. Return on cash invested shows 28.3% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 147.37% and total cumulative return in cash records $207,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,472/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Condo
Built in 1968
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: Debbie Reynolds • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #DCDC2235760