2322 40th Pl NW APT 301WashingtonDC20007
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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 2322 40th Pl NW APT 301, Washington, DC, 20007 earns $272/mo cash flow from $1,027/mo rent with a $631/mo payment. Total monthly income totals $1,027/mo, and annual cash flow totals $3,269/yr on $42,747 capital. ROI tracks 27.56% on current figures, and rental yield reads 9.56% at a $128,951 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,627 over five years. Five-year ROI reaches 143.5% and total cumulative return in cash sums $61,341. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,027/mo property income instead of your personal income.
Condo
Built in 1942
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
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Listed by: Ariadne Henry • Sophia Henry Real Estate
Mls Name: Bright MLS
Mls ID: #DCDC2214766