311 Longfellow St NWWashingtonDC20011
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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 311 Longfellow St NW, Washington, DC, 20011 uses $204,549 cash to close to unlock $29,519/yr annual cash flow and $2,460/mo monthly cash flow. Total monthly income runs $6,250/mo, and a $3,043/mo payment keeps the spread at $2,460/mo. Purchase price stands at $621,730, and rental yield measures 12.06% with $6,250/mo rent. Return on cash invested shows 34.49% in year one, and 5% annual appreciation builds toward $171,773 over five years. Five-year ROI reaches 180.87% and total cumulative return in cash records $369,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,250/mo property income covering a $3,043/mo payment rather than investor’s personal income.
Single Family
Built in 1931
2,633 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20011, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,769 (100%) |
| Owner Occupied HU | 13,345 (48.1%) |
| Renter Occupied HU | 12,310 (44.3%) |
| Vacant Housing Units | 2,114 ( 7.6%) |
| Median Home Value | $721,753 |
| Average Home Value | $798,090 |
Housing Distribution
Address Breakdown
Residential
26,797
Single Family
15,791
Multi-Family
11,006
Businesses
800
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Listed by: N/A • N/A
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