2310 4th St NE UNIT 4WashingtonDC20002
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 2310 4th St NE UNIT 4, Washington, DC, 20002 offers a 9.62% rental yield on a $379,900 purchase with $3,046/mo rent. Total monthly income registers $3,046/mo, and a $1,859/mo payment leaves $823/mo available for distribution. Annual cash flow reaches $9,875/yr on $125,937 to close, and return on cash invested stands at 27.75% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 144.44% and total cumulative return in cash at $181,901. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,046/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20002, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,543 (100%) |
| Owner Occupied HU | 12,288 (27.0%) |
| Renter Occupied HU | 26,295 (57.7%) |
| Vacant Housing Units | 6,960 (15.3%) |
| Median Home Value | $826,456 |
| Average Home Value | $892,956 |
Housing Distribution
Address Breakdown
Residential
43,009
Single Family
18,248
Multi-Family
24,761
Businesses
1,755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trent Heminger • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2240642