1764 Lyman Pl 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 1764 Lyman Pl NE, Washington, DC, 20002 uses $184,207 cash to close to unlock $8,897/yr annual cash flow and $741/mo monthly cash flow. Total monthly income runs $4,018/mo, and a $2,740/mo payment keeps the spread at $741/mo. Purchase price stands at $559,900, and rental yield measures 8.61% with $4,018/mo rent. Return on cash invested shows 24.89% in year one, and 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 129.09% and total cumulative return in cash records $237,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,018/mo property income covering a $2,740/mo payment rather than investor’s personal income.
Townhouse
Built in 1938
1,232 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: Kevin Savercool • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2224550