310 Cape Dr SEWashingtonDC20019
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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
Rental property for sale in Washington at 310 Cape Dr SE, Washington, DC, 20019 priced at $449,310 converts $2,636/mo rent into $6/mo cash flow after a $2,199/mo obligation. Total monthly income equals $2,636/mo, and annual cash flow totals $77/yr on $148,946 invested. Return on cash invested prints 19.96% in year one, and rental yield reads 7.04% against a $449,310 entry. Equity gained on principal adds $2,899/yr, while 5% annual appreciation compiles into $124,136 by year five. Five-year ROI reaches 102.69% and total cumulative return in cash sums $152,957. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,636/mo property income covering a $2,199/mo payment, not borrower’s personal income.
Single Family
Built in 2004
2,489 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20019, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,567 (100%) |
| Owner Occupied HU | 9,325 (33.8%) |
| Renter Occupied HU | 15,092 (54.7%) |
| Vacant Housing Units | 3,150 (11.4%) |
| Median Home Value | $430,881 |
| Average Home Value | $476,715 |
Housing Distribution
Address Breakdown
Residential
24,046
Single Family
14,366
Multi-Family
9,680
Businesses
515
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Listed by: Keith James • Keller Williams Capital Properties
Mls Name: Bright MLS
Mls ID: #DCDC2198048