2300 Southern Ave SEWashingtonDC20020
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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 2300 Southern Ave SE, Washington, DC, 20020 offers a 6.82% rental yield on a $400,000 purchase with $2,274/mo rent. 3% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 99.13% and total cumulative return in cash at $131,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,274/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1947
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20020, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,460 (100%) |
| Owner Occupied HU | 6,831 (27.9%) |
| Renter Occupied HU | 15,173 (62.0%) |
| Vacant Housing Units | 2,456 (10.0%) |
| Median Home Value | $436,983 |
| Average Home Value | $485,945 |
Housing Distribution
Address Breakdown
Residential
23,175
Single Family
12,130
Multi-Family
11,045
Businesses
706
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Listed by: Corey Morgan • CENTURY 21 Envision
Mls Name: Bright MLS
Mls ID: #DCDC2232444