2215 2nd St NWWashingtonDC20001
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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 2215 2nd St NW, Washington, DC, 20001 offers a 7.31% rental yield on a $775,000 purchase with $4,724/mo rent. Total monthly income registers $4,724/mo, and a $3,793/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,259/yr on $254,975 to close, and return on cash invested stands at 20.95% in year one. Equity gained on principal adds $5,001/yr while 5% annual appreciation supports $214,118 over five years. Portfolio math shows five-year ROI at 107.93% and total cumulative return in cash at $275,203. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,724/mo property income against a $3,793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1922
1,307 sqft 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: M. Cameron Shosh • Century 21 Redwood Realty
Mls Name: Bright MLS
Mls ID: #DCDC2232302