315 Evarts St NE APT T6WashingtonDC20002
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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 315 Evarts St NE APT T6, Washington, DC, 20002 generates $2,934/mo in rent and, after a $1,835/mo payment, leaves $740/mo in cash flow. Total monthly income is $2,934/mo, and annual cash flow is $8,875/yr on $124,313 invested. Return on cash invested sits at 27.05% in year one, and rental yield is 9.39% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 140.7% and total cumulative return in cash sums $174,903. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,934/mo property income rather than buyer’s personal income.
Condo
Built in 1936
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20002, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,543 (100%) |
| Owner Occupied HU | 12,288 (27.0%) |
| Renter Occupied HU | 26,295 (57.7%) |
| Vacant Housing Units | 6,960 (15.3%) |
| Median Home Value | $826,456 |
| Average Home Value | $892,956 |
Housing Distribution
Address Breakdown
Residential
43,009
Single Family
18,248
Multi-Family
24,761
Businesses
1,755
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Listed by: Cornelius Henderson • RE/MAX Allegiance
Mls Name: Bright MLS
Mls ID: #DCDC2243358