2337 Champlain St NW UNIT 102WashingtonDC20009
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 2337 Champlain St NW UNIT 102, Washington, DC, 20009 uses $228,655 cash to close to unlock $5,964/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $4,565/mo, and a $3,402/mo payment keeps the spread at $497/mo. Purchase price stands at $695,000, and rental yield measures 7.88% with $4,565/mo rent. Return on cash invested shows 22.67% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 117.15% and total cumulative return in cash records $267,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,565/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20009, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
Single Family
Multi-Family
Businesses
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Leasure • Washington Fine Properties, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2240654