1806 24th St NWWashingtonDC20008
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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 1806 24th St NW, Washington, DC, 20008 projects strong ROI of 10.1%. Rental yield 3.7%. With 5% annual appreciation, the property builds $1,015,335 in value over five years. Equity growth combined delivers a projected five-year ROI of 49.68%, translating into $591,565 in total cumulative return on $1,190,700 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1925
2,922 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20008, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,926 (100%) |
| Owner Occupied HU | 6,475 (34.2%) |
| Renter Occupied HU | 10,897 (57.6%) |
| Vacant Housing Units | 1,554 ( 8.2%) |
| Median Home Value | $1,171,368 |
| Average Home Value | $1,234,841 |
Housing Distribution
Address Breakdown
Residential
17,979
Single Family
3,530
Multi-Family
14,449
Businesses
749
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Listed by: Michael Rankin • TTR Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #DCDC2232720