2901 King Pl 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
Investment property for sale in Washington at 2901 King Pl NE, Washington, DC, 20018 uses $287,875 cash to close to unlock $7,326/yr annual cash flow and $610/mo monthly cash flow. Total monthly income runs $5,732/mo, and a $4,283/mo payment keeps the spread at $610/mo. Purchase price stands at $875,000, and rental yield measures 7.86% with $5,732/mo rent. Return on cash invested shows 22.6% in year one, and 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 116.83% and total cumulative return in cash records $336,311. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,732/mo property income covering a $4,283/mo payment rather than investor’s personal income.
Single Family
Built in 1910
9,147 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: Dominic Marshall • RE/MAX Executives
Mls Name: Bright MLS
Mls ID: #DCDC2229528