1907 Good Hope Rd SE APT 211, Washington, DC, 20020 | $254/mo Cash Flow

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1907 Good Hope Rd SE APT 211, Washington, DC, 20020 | $254/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Washington at 1907 Good Hope Rd SE APT 211, Washington, DC, 20020 generates $1,014/mo in rent and, after a $636/mo payment, leaves $254/mo in cash flow. Total monthly income is $1,014/mo, and annual cash flow is $3,042/yr on $43,062 invested. Return on cash invested sits at 26.97% in year one, and rental yield is 9.37% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 140.33% and total cumulative return in cash sums $60,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,014/mo property income rather than buyer’s personal income.

Apartment

Built in 1965

889 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully Renovated and Move-In Ready! Welcome to 1907 Good Hope Drive SE, a fully updated residence offering the perfect blend of value, comfort, and convenience. This charming unit features modern finishes throughout, including luxury vinyl plank flooring, an updated kitchen with stainless steel appliances and granite countertops, and a freshly renovated bathroom. Ideal for first-time buyers looking to build equity or savvy investors seeking strong rental potential in a rapidly developing area. Enjoy low-maintenance living with easy access to Anacostia Park, major commuter routes, and the bustling energy of Capitol Hill and Navy Yard just minutes away. Don't miss this opportunity to own in one of DCs most promising neighborhoods!

Neighborhood Data

Neighborhood data shown for ZIP Code: 20020, Washington, DC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,460 (100%)
Owner Occupied HU	6,831 (27.9%)
Renter Occupied HU	15,173 (62.0%)
Vacant Housing Units	2,456 (10.0%)
Median Home Value	$436,983
Average Home Value	$485,945