2810 Sherman Ave NWWashingtonDC20001
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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 2810 Sherman Ave NW, Washington, DC, 20001 uses $274,386 cash to close to unlock $6,309/yr annual cash flow and $526/mo monthly cash flow. Total monthly income runs $5,407/mo, and a $4,082/mo payment keeps the spread at $526/mo. Purchase price stands at $834,000, and rental yield measures 7.78% with $5,407/mo rent. Return on cash invested shows 22.36% in year one, and 5% annual appreciation builds toward $230,419 over five years. Five-year ROI reaches 115.5% and total cumulative return in cash records $316,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,407/mo property income covering a $4,082/mo payment rather than investor’s personal income.
Townhouse
Built in 1910
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20001, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,258 (100%) |
| Owner Occupied HU | 7,610 (24.3%) |
| Renter Occupied HU | 19,069 (61.0%) |
| Vacant Housing Units | 4,579 (14.6%) |
| Median Home Value | $858,542 |
| Average Home Value | $926,439 |
Housing Distribution
Address Breakdown
Residential
29,069
Single Family
8,083
Multi-Family
20,986
Businesses
1,943
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Listed by: Paula Heard • KW Metro Center
Mls Name: Bright MLS
Mls ID: #DCDC2235370