331 Parkland Pl SEWashingtonDC20032
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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 331 Parkland Pl SE, Washington, DC, 20032 priced at $499,900 pairs $1,668/mo rent with after a $2,447/mo payment. Total monthly income equals $1,668/mo. Return on cash invested is 10.8% in year one, and rental yield stands at 4% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 53.53% and total cumulative return in cash reaches $88,716. For financing, Ziffy Mortgage’s DSCR program evaluates $1,668/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1942
3,360 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20032, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,337 (100%) |
| Owner Occupied HU | 3,531 (20.4%) |
| Renter Occupied HU | 11,934 (68.8%) |
| Vacant Housing Units | 1,872 (10.8%) |
| Median Home Value | $384,817 |
| Average Home Value | $494,903 |
Housing Distribution
Address Breakdown
Residential
16,634
Single Family
9,520
Multi-Family
7,114
Businesses
442
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Listed by: Cornelius Henderson • RE/MAX Allegiance
Mls Name: Bright MLS
Mls ID: #DCDC2230358