3001 Channing St NEWashingtonDC20018
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Nearby investment properties with comparable prices
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 3001 Channing St NE, Washington, DC, 20018 priced at $575,000 pairs $3,440/mo rent with $75/mo cash flow after a $2,814/mo payment. Total monthly income equals $3,440/mo, and annual cash flow comes to $900/yr on $189,175 invested. Return on cash invested is 20.54% in year one, and rental yield stands at 7.18% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 105.71% and total cumulative return in cash reaches $199,979. For financing, Ziffy Mortgage’s DSCR program evaluates $3,440/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
0.33 Acres 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: Mr. Tom S Hennerty • NetRealtyNow.com, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2184608