3108 P St SEWashingtonDC20020
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
Investment Highlights
Investment property for sale in Washington at 3108 P St SE, Washington, DC, 20020 uses $208,915 cash to close to unlock $3,054/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $3,971/mo, and a $3,108/mo payment keeps the spread at $254/mo. Purchase price stands at $635,000, and rental yield measures 7.5% with $3,971/mo rent. Return on cash invested shows 21.52% in year one, and 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 111.02% and total cumulative return in cash records $231,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,971/mo property income covering a $3,108/mo payment rather than investor’s personal income.
Single Family
Built in 1965
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20020, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,460 (100%) |
| Owner Occupied HU | 6,831 (27.9%) |
| Renter Occupied HU | 15,173 (62.0%) |
| Vacant Housing Units | 2,456 (10.0%) |
| Median Home Value | $436,983 |
| Average Home Value | $485,945 |
Housing Distribution
Address Breakdown
Residential
23,175
Single Family
12,130
Multi-Family
11,045
Businesses
706
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Orlando Smith • Samson Properties
Mls Name: Bright MLS
Mls ID: #DCDC2235666