321 16th St NEWashingtonDC20002
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 321 16th St NE, Washington, DC, 20002 earns from $4,870/mo rent with a $5,383/mo payment. Total monthly income totals $4,870/mo. ROI tracks 15.09% on current figures, and rental yield reads 5.31% at a $1,099,900 purchase. Equity gained on principal adds $7,097/yr, and 5% annual appreciation supports $303,882 over five years. Five-year ROI reaches 76.46% and total cumulative return in cash sums $272,472. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,870/mo property income instead of your personal income.
Townhouse
Built in 1937
3,043 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Test • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2233502