2475 Virginia Ave NW #113WashingtonDC20037
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 2475 Virginia Ave NW #113, Washington, DC, 20037 uses $94,478 cash to close to unlock $4,150/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $2,014/mo, and a $1,395/mo payment keeps the spread at $346/mo. Purchase price stands at $285,000, and rental yield measures 8.48% with $2,014/mo rent. Return on cash invested shows 24.3% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 125.94% and total cumulative return in cash records $118,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,014/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1956
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Johnson • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2216742