2516 Q St NW APT Q209WashingtonDC20007
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 2516 Q St NW APT Q209, Washington, DC, 20007 in Washington is a conservative rental investment at $691,700. Rental yield 6.66%. A 1.23 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $191,104; $6,371/yr in principal paydown supplements. Total projected return: $197,208.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 5.2% |
| Monthly Cash Flow | $(1,053) | $1,200 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,840 |
| Total Monthly Debt Service | $4,618 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1922
528 sqft lot
$N/A/sqft
$694 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20007, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,376 (100%) |
| Owner Occupied HU | 6,093 (45.6%) |
| Renter Occupied HU | 5,844 (43.7%) |
| Vacant Housing Units | 1,439 (10.8%) |
| Median Home Value | $1,345,989 |
| Average Home Value | $1,371,625 |
Housing Distribution
Address Breakdown
Residential
13,897
Single Family
6,823
Multi-Family
7,074
Businesses
1,393
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
Apartment
Built in 1922
528 sqft lot
$N/A/sqft
$694 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20007, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,376 (100%) |
| Owner Occupied HU | 6,093 (45.6%) |
| Renter Occupied HU | 5,844 (43.7%) |
| Vacant Housing Units | 1,439 (10.8%) |
| Median Home Value | $1,345,989 |
| Average Home Value | $1,371,625 |
Housing Distribution
Address Breakdown
Residential
13,897
Single Family
6,823
Multi-Family
7,074
Businesses
1,393
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A