387 N St SW UNIT 97WashingtonDC20024
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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 387 N St SW UNIT 97, Washington, DC, 20024 offers a 4.69% rental yield on a $999,999 purchase with $3,907/mo rent. 96% in year one. Equity gained on principal adds $6,453/yr while 5% annual appreciation supports $276,281 over five years. Portfolio math shows five-year ROI at 65.12% and total cumulative return in cash at $214,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,907/mo property income against a $4,895/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20024, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,659 (100%) |
| Owner Occupied HU | 3,446 (22.0%) |
| Renter Occupied HU | 9,910 (63.3%) |
| Vacant Housing Units | 2,303 (14.7%) |
| Median Home Value | $569,155 |
| Average Home Value | $671,705 |
Housing Distribution
Address Breakdown
Residential
12,937
Single Family
2,977
Multi-Family
9,960
Businesses
607
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Listed by: Lisa Harbour • HER Properties, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2216286