2129 Florida Ave NW APT 101WashingtonDC20008
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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 2129 Florida Ave NW APT 101, Washington, DC, 20008 earns $709/mo cash flow from $3,635/mo rent with a $2,447/mo payment. Total monthly income totals $3,635/mo, and annual cash flow totals $8,506/yr on $165,750 capital. ROI tracks 25.04% on current figures, and rental yield reads 8.72% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 129.91% and total cumulative return in cash sums $215,324. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,635/mo property income instead of your personal income.
Condo
Built in 1916
N/A 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: Ira Hersh • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2241156