2425 L St NW APT 205WashingtonDC20037
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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 2425 L St NW APT 205, Washington, DC, 20037 listed at $950,000 pairs $6,656/mo rent with a $4,650/mo payment to leave $1,096/mo cash flow. Total monthly income runs $6,656/mo, and annual cash flow reaches $13,147/yr on $312,550 cash to close. Return on cash invested measures 24.27% in year one, and rental yield registers 8.41% at a $950,000 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,467 by year five. Five-year ROI tracks 125.73% and total cumulative return in cash totals $392,978. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,656/mo property income relative to a $4,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A 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: Andrew Norris • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2220368