38 Hanover Pl NWWashingtonDC20001
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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 38 Hanover Pl NW, Washington, DC, 20001 priced at $749,900 pairs $4,736/mo rent with $347/mo cash flow after a $3,670/mo payment. Total monthly income equals $4,736/mo, and annual cash flow comes to $4,168/yr on $246,717 invested. Return on cash invested is 21.75% in year one, and rental yield stands at 7.58% on a $749,900 basis. Equity gained on principal adds $4,839/yr, and 5% annual appreciation accumulates to $207,184 by year five. Five-year ROI measures 112.24% and total cumulative return in cash reaches $276,922. For financing, Ziffy Mortgage’s DSCR program evaluates $4,736/mo property income against a $3,670/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1998
975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20001, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,258 (100%) |
| Owner Occupied HU | 7,610 (24.3%) |
| Renter Occupied HU | 19,069 (61.0%) |
| Vacant Housing Units | 4,579 (14.6%) |
| Median Home Value | $858,542 |
| Average Home Value | $926,439 |
Housing Distribution
Address Breakdown
Residential
29,069
Single Family
8,083
Multi-Family
20,986
Businesses
1,943
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Listed by: Kerwin Davis • Coldwell Banker Realty - Washington
Mls Name: Bright MLS
Mls ID: #DCDC2231442