245 15th St SE APT 105WashingtonDC20003
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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 245 15th St SE APT 105, Washington, DC, 20003 listed at $394,000 pairs $2,562/mo rent with a $1,928/mo payment to leave $256/mo cash flow. Total monthly income runs $2,562/mo, and annual cash flow reaches $3,077/yr on $130,611 cash to close. Return on cash invested measures 22.26% in year one, and rental yield registers 7.8% at a $394,000 basis. Equity gained on principal adds $2,542/yr, and annual property appreciation at 5% supports $108,855 by year five. Five-year ROI tracks 115.05% and total cumulative return in cash totals $150,268. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,562/mo property income relative to a $1,928/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20003, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,121 (100%) |
| Owner Occupied HU | 6,629 (25.4%) |
| Renter Occupied HU | 15,625 (59.8%) |
| Vacant Housing Units | 3,867 (14.8%) |
| Median Home Value | $959,664 |
| Average Home Value | $1,046,138 |
Housing Distribution
Address Breakdown
Residential
25,270
Single Family
9,011
Multi-Family
16,259
Businesses
1,508
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Listed by: Julie Mulvee • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2222316