2606 41st St NW #6WashingtonDC20007
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 2606 41st St NW #6, Washington, DC, 20007 uses $189,142 cash to close to unlock $8,881/yr annual cash flow and $740/mo monthly cash flow. Total monthly income runs $4,105/mo, and a $2,814/mo payment keeps the spread at $740/mo. Purchase price stands at $574,900, and rental yield measures 8.57% with $4,105/mo rent. Return on cash invested shows 24.76% in year one, and 5% annual appreciation builds toward $158,834 over five years. Five-year ROI reaches 128.38% and total cumulative return in cash records $242,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,105/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Condo
Built in 1939
N/A lot
$N/A/sqft
No 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: Chris Burns • TTR Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #DCDC2233852