3433 Summit Ct NE #3433WashingtonDC20018
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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 3433 Summit Ct NE #3433, Washington, DC, 20018 offers a 10.51% rental yield on a $335,000 purchase with $2,934/mo rent. Total monthly income registers $2,934/mo, and a $1,640/mo payment leaves $973/mo available for distribution. Annual cash flow reaches $11,676/yr on $111,053 to close, and return on cash invested stands at 30.42% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 158.78% and total cumulative return in cash at $176,324. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,934/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20018, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,988 (100%) |
| Owner Occupied HU | 4,900 (49.1%) |
| Renter Occupied HU | 4,359 (43.6%) |
| Vacant Housing Units | 729 ( 7.3%) |
| Median Home Value | $670,931 |
| Average Home Value | $755,268 |
Housing Distribution
Address Breakdown
Residential
9,809
Single Family
5,914
Multi-Family
3,895
Businesses
638
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Listed by: Demond Pollard • Smart Realty, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2235234