207 Florida Ave NW #3WashingtonDC20001
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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 207 Florida Ave NW #3, Washington, DC, 20001 offers a 6.55% rental yield on a $674,900 purchase with $3,683/mo rent. 62% in year one. Equity gained on principal adds $4,355/yr while 5% annual appreciation supports $186,462 over five years. Portfolio math shows five-year ROI at 95.45% and total cumulative return in cash at $211,939. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,683/mo property income against a $3,303/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1905
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20001, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,258 (100%) |
| Owner Occupied HU | 7,610 (24.3%) |
| Renter Occupied HU | 19,069 (61.0%) |
| Vacant Housing Units | 4,579 (14.6%) |
| Median Home Value | $858,542 |
| Average Home Value | $926,439 |
Housing Distribution
Address Breakdown
Residential
29,069
Single Family
8,083
Multi-Family
20,986
Businesses
1,943
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Listed by: Tom Bauer • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2218356