2939 Van Ness St NW APT 743WashingtonDC20008
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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 2939 Van Ness St NW APT 743, Washington, DC, 20008 earns from $2,410/mo rent with a $1,082/mo payment. Total monthly income totals $2,410/mo. ROI tracks 14.24% on current figures, and rental yield reads 13.08% at a $221,100 purchase. Equity gained on principal adds $1,427/yr, and 5% annual appreciation supports $61,086 over five years. Five-year ROI reaches 80.69% and total cumulative return in cash sums $59,144. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,410/mo property income instead of your personal income.
Condo
Built in 1964
581 sqft lot
$N/A/sqft
$1,400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20008, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,926 (100%) |
| Owner Occupied HU | 6,475 (34.2%) |
| Renter Occupied HU | 10,897 (57.6%) |
| Vacant Housing Units | 1,554 ( 8.2%) |
| Median Home Value | $1,171,368 |
| Average Home Value | $1,234,841 |
Housing Distribution
Address Breakdown
Residential
17,979
Single Family
3,530
Multi-Family
14,449
Businesses
749
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Listed by: N/A • N/A
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