236 Varnum St NEWashingtonDC20011
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 236 Varnum St NE, Washington, DC, 20011 with 5% annual appreciation on a $450,000 basis while $3,125/mo rent supports operations. Total monthly income totals $3,125/mo and a $2,203/mo payment preserves $491/mo for cash returns. Annual cash flow comes to $5,889/yr on $149,175 deployed, and return on cash invested reaches 23.86% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 8.33%. Five-year ROI measures 123.57% and total cumulative return in cash totals $184,338.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,125/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20011, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,769 (100%) |
| Owner Occupied HU | 13,345 (48.1%) |
| Renter Occupied HU | 12,310 (44.3%) |
| Vacant Housing Units | 2,114 ( 7.6%) |
| Median Home Value | $721,753 |
| Average Home Value | $798,090 |
Housing Distribution
Address Breakdown
Residential
26,797
Single Family
15,791
Multi-Family
11,006
Businesses
800
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Myeisha Paskel • Weichert Realtors - Blue Ribbon
Mls Name: Bright MLS
Mls ID: #DCDC2241884