1942 Capitol Ave 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
Rental property for sale in Washington at 1942 Capitol Ave NE, Washington, DC, 20002 offers $5,666/mo rent that, after a $3,181/mo payment, leaves $1,862/mo cash flow. Total monthly income is $5,666/mo, and annual cash flow is $22,345/yr on $213,850 cash. Return on cash invested measures 30.51% in year one, and rental yield stands at 10.46% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 159.22% and total cumulative return in cash reaches $340,502. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,666/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1943
3,600 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: Luwam Bokure • Fairfax Realty Select
Mls Name: Bright MLS
Mls ID: #DCDC2228552