304 2nd St SEWashingtonDC20003
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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 304 2nd St SE, Washington, DC, 20003 earns from $5,600/mo rent with a $8,565/mo payment. Total monthly income totals $5,600/mo. ROI tracks 10.55% on current figures, and rental yield reads 3.84% at a $1,750,000 purchase. Equity gained on principal adds $11,292/yr, and 5% annual appreciation supports $483,493 over five years. Five-year ROI reaches 52.08% and total cumulative return in cash sums $295,269. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,600/mo property income instead of your personal income.
Townhouse
Built in 1880
2,006 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20003, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,121 (100%) |
| Owner Occupied HU | 6,629 (25.4%) |
| Renter Occupied HU | 15,625 (59.8%) |
| Vacant Housing Units | 3,867 (14.8%) |
| Median Home Value | $959,664 |
| Average Home Value | $1,046,138 |
Housing Distribution
Address Breakdown
Residential
25,270
Single Family
9,011
Multi-Family
16,259
Businesses
1,508
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Listed by: Carlos Garcia • Keller Williams Capital Properties
Mls Name: Bright MLS
Mls ID: #DCDC2209946