2141 Wisconsin Ave NW APT 604WashingtonDC20007
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2141 Wisconsin Ave NW APT 604, Washington, DC, 20007 uses $206,744 cash to close to unlock $24,021/yr annual cash flow and $2,002/mo monthly cash flow. Total monthly income runs $5,680/mo, and a $3,076/mo payment keeps the spread at $2,002/mo. Purchase price stands at $628,400, and rental yield measures 10.85% with $5,680/mo rent. Return on cash invested shows 31.68% in year one, and 5% annual appreciation builds toward $173,615 over five years. Five-year ROI reaches 165.49% and total cumulative return in cash records $342,132. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,680/mo property income covering a $3,076/mo payment rather than investor’s personal income.
Condo
Built in 1941
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20007, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,376 (100%) |
| Owner Occupied HU | 6,093 (45.6%) |
| Renter Occupied HU | 5,844 (43.7%) |
| Vacant Housing Units | 1,439 (10.8%) |
| Median Home Value | $1,345,989 |
| Average Home Value | $1,371,625 |
Housing Distribution
Address Breakdown
Residential
13,897
Single Family
6,823
Multi-Family
7,074
Businesses
1,393
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Sobanski • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2206402