3001 Veazey Ter NW APT 612WashingtonDC20008
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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 3001 Veazey Ter NW APT 612, Washington, DC, 20008 offers a 11.89% rental yield on a $285,000 purchase with $2,825/mo rent. Total monthly income registers $2,825/mo, and a $1,395/mo payment leaves $1,157/mo available for distribution. Annual cash flow reaches $13,882/yr on $94,478 to close, and return on cash invested stands at 34.6% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 181.19% and total cumulative return in cash at $171,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,825/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Mark Meyerdirk • Urban Brokers, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2244216