344 11th St SEWashingtonDC20003
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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 344 11th St SE, Washington, DC, 20003 offers a 8.95% rental yield on a $699,000 purchase with $5,213/mo rent. Total monthly income registers $5,213/mo, and a $3,421/mo payment leaves $1,122/mo available for distribution. Annual cash flow reaches $13,465/yr on $229,971 to close, and return on cash invested stands at 25.92% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 134.58% and total cumulative return in cash at $309,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,213/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1908
1,344 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20003, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,121 (100%) |
| Owner Occupied HU | 6,629 (25.4%) |
| Renter Occupied HU | 15,625 (59.8%) |
| Vacant Housing Units | 3,867 (14.8%) |
| Median Home Value | $959,664 |
| Average Home Value | $1,046,138 |
Housing Distribution
Address Breakdown
Residential
25,270
Single Family
9,011
Multi-Family
16,259
Businesses
1,508
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Listed by: Evelyn Branic • Coldwell Banker Realty - Washington
Mls Name: Bright MLS
Mls ID: #DCDC2232724