3438 23rd St SEWashingtonDC20020
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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 3438 23rd St SE, Washington, DC, 20020 offers a 9.46% rental yield on a $179,000 purchase with $1,411/mo rent. Total monthly income registers $1,411/mo, and a $876/mo payment leaves $363/mo available for distribution. Annual cash flow reaches $4,362/yr on $59,339 to close, and return on cash invested stands at 27.26% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 141.83% and total cumulative return in cash at $84,159. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,411/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
2,224 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20020, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,460 (100%) |
| Owner Occupied HU | 6,831 (27.9%) |
| Renter Occupied HU | 15,173 (62.0%) |
| Vacant Housing Units | 2,456 (10.0%) |
| Median Home Value | $436,983 |
| Average Home Value | $485,945 |
Housing Distribution
Address Breakdown
Residential
23,175
Single Family
12,130
Multi-Family
11,045
Businesses
706
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Listed by: Van Johnson • Frontier Realty Group
Mls Name: Bright MLS
Mls ID: #DCDC2213192