353 L 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
Rental property for sale in Washington at 353 L St SE, Washington, DC, 20003 offers $3,254/mo rent that, after a $4,797/mo payment. Total monthly income is $3,254/mo. Return on cash invested measures 10.82% in year one, and rental yield stands at 3.98% at a $980,000 entry. Equity gained on principal adds $6,324/yr while 5% annual appreciation compounds into $270,756 by year five. Five-year ROI records 53.63% and total cumulative return in cash reaches $172,920. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,254/mo property income versus a $4,797/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2012
550 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: Mr. Brent Jackson • TTR Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #DCDC2234952