3124 38th St NWWashingtonDC20016
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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 3124 38th St NW, Washington, DC, 20016 projects strong ROI of 13.85%. Rental yield 5.19%. With 5% annual appreciation, the property builds $1,464,016 in value over five years. Equity growth combined delivers a projected five-year ROI of 70.1%, translating into $1,203,615 in total cumulative return on $1,716,876 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1923
10,001 sqft lot
$N/A/sqft
$716 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20016, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,169 (100%) |
| Owner Occupied HU | 9,083 (52.9%) |
| Renter Occupied HU | 6,147 (35.8%) |
| Vacant Housing Units | 1,939 (11.3%) |
| Median Home Value | $1,255,037 |
| Average Home Value | $1,294,909 |
Housing Distribution
Address Breakdown
Residential
15,340
Single Family
7,194
Multi-Family
8,146
Businesses
1,109
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Listed by: N/A • N/A
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Mls ID: #N/A