3001 Veazey Ter NW APT 529WashingtonDC20008
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 3001 Veazey Ter NW APT 529, Washington, DC, 20008 in Washington deserves attention. This $300,000 property earns $2,801/mo in rent, a 11.2% gross yield, and nets $1,045/mo after the $1,349/mo payment. DSCR 2.08 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $82,884 compounds alongside $2,763/yr in yearly equity build, for a total cumulative return of $180,604.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 5.2% |
| Monthly Cash Flow | $1,045 | $1,200 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,801 |
| Total Monthly Debt Service | $1,636 |
| DSCR Ratio | 1.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1967
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
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
Condo
Built in 1967
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matt Murton • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2220616