2647 41st St NW #2WashingtonDC20007
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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 2647 41st St NW #2, Washington, DC, 20007 uses $294,455 cash to close to unlock $7,095/yr annual cash flow and $591/mo monthly cash flow. Total monthly income runs $5,830/mo, and a $4,381/mo payment keeps the spread at $591/mo. Purchase price stands at $895,000, and rental yield measures 7.82% with $5,830/mo rent. Return on cash invested shows 22.47% in year one, and 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 116.1% and total cumulative return in cash records $341,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,830/mo property income covering a $4,381/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
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Listed by: Sean Aalai • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2230840