2814 Rhode Island Ave NEWashingtonDC20018
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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
Rental property for sale in Washington at 2814 Rhode Island Ave NE, Washington, DC, 20018 priced at $749,900 converts $7,254/mo rent into $2,865/mo cash flow after a $3,670/mo obligation. Total monthly income equals $7,254/mo, and annual cash flow totals $34,384/yr on $246,717 invested. Return on cash invested prints 34% in year one, and rental yield reads 11.61% against a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation compiles into $207,184 by year five. Five-year ROI reaches 177.92% and total cumulative return in cash sums $438,958. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,254/mo property income covering a $3,670/mo payment, not borrower’s personal income.
Single Family
Built in 1923
3,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20018, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,988 (100%) |
| Owner Occupied HU | 4,900 (49.1%) |
| Renter Occupied HU | 4,359 (43.6%) |
| Vacant Housing Units | 729 ( 7.3%) |
| Median Home Value | $670,931 |
| Average Home Value | $755,268 |
Housing Distribution
Address Breakdown
Residential
9,809
Single Family
5,914
Multi-Family
3,895
Businesses
638
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Listed by: Damon Brockenberry • Keller Williams Preferred Properties
Mls Name: Bright MLS
Mls ID: #DCDC2242028