343 Cedar St NW APT 316WashingtonDC20012
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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 343 Cedar St NW APT 316, Washington, DC, 20012 listed at $526,000 pairs $3,629/mo rent with a $2,575/mo payment. Total monthly income runs $3,629/mo. Return on cash invested measures 19.63% in year one, and rental yield registers 8.28% at a $526,000 basis. Equity gained on principal adds $3,394/yr, and annual property appreciation at 5% supports $145,324 by year five. Five-year ROI tracks 102.4% and total cumulative return in cash totals $177,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,629/mo property income relative to a $2,575/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20012, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,966 (100%) |
| Owner Occupied HU | 4,110 (51.6%) |
| Renter Occupied HU | 3,023 (37.9%) |
| Vacant Housing Units | 833 (10.5%) |
| Median Home Value | $819,310 |
| Average Home Value | $904,245 |
Housing Distribution
Address Breakdown
Residential
7,755
Single Family
4,529
Multi-Family
3,226
Businesses
401
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Listed by: Loretta Reed • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DCDC2208752
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