2475 Virginia Ave NW #429WashingtonDC20037
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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 2475 Virginia Ave NW #429, Washington, DC, 20037 listed at $389,900 pairs $2,716/mo rent with a $1,908/mo payment to leave $434/mo cash flow. Total monthly income runs $2,716/mo, and annual cash flow reaches $5,212/yr on $129,252 cash to close. Return on cash invested measures 23.94% in year one, and rental yield registers 8.36% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 124.04% and total cumulative return in cash totals $160,321. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,716/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Adrienne Szabo • TTR Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #DCDC2230808