2420 I St NWWashingtonDC20037
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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 2420 I St NW, Washington, DC, 20037 listed at $1,488,000 pairs $3,247/mo rent with a $7,283/mo payment. Total monthly income runs $3,247/mo. Return on cash invested measures 6.77% in year one, and rental yield registers 2.62% at a $1,488,000 basis. Equity gained on principal adds $9,602/yr, and annual property appreciation at 5% supports $411,107 by year five. Five-year ROI tracks 31.85% and total cumulative return in cash totals $153,576. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,247/mo property income relative to a $7,283/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1900
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20037, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,694 (100%) |
| Owner Occupied HU | 2,548 (23.8%) |
| Renter Occupied HU | 6,452 (60.3%) |
| Vacant Housing Units | 1,694 (15.8%) |
| Median Home Value | $978,316 |
| Average Home Value | $1,152,383 |
Housing Distribution
Address Breakdown
Residential
8,588
Single Family
573
Multi-Family
8,015
Businesses
680
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Listed by: Julio Cross • Samson Properties
Mls Name: Bright MLS
Mls ID: #DCDC2234314