3609 Morrison St NWWashingtonDC20015
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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 3609 Morrison St NW, Washington, DC, 20015 generates $5,695/mo in rent, after a $6,118/mo payment. Total monthly income is $5,695/mo. Return on cash invested sits at 15.57% in year one, and rental yield is 5.47% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 79.02% and total cumulative return in cash sums $320,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,695/mo property income rather than buyer’s personal income.
Single Family
Built in 1927
4,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20015, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,097 (100%) |
| Owner Occupied HU | 4,671 (65.8%) |
| Renter Occupied HU | 2,022 (28.5%) |
| Vacant Housing Units | 404 ( 5.7%) |
| Median Home Value | $1,280,475 |
| Average Home Value | $1,310,051 |
Housing Distribution
Address Breakdown
Residential
7,015
Single Family
4,794
Multi-Family
2,221
Businesses
451
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Listed by: Anne Weir • Washington Fine Properties, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2230908