3883 Connecticut Ave NW APT 313WashingtonDC20008
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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 3883 Connecticut Ave NW APT 313, Washington, DC, 20008 earns $92/mo cash flow from $3,598/mo rent with a $2,932/mo payment. Total monthly income totals $3,598/mo, and annual cash flow totals $1,104/yr on $197,071 capital. ROI tracks 20.62% on current figures, and rental yield reads 7.21% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 106.17% and total cumulative return in cash sums $209,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,598/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20008, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,926 (100%) |
| Owner Occupied HU | 6,475 (34.2%) |
| Renter Occupied HU | 10,897 (57.6%) |
| Vacant Housing Units | 1,554 ( 8.2%) |
| Median Home Value | $1,171,368 |
| Average Home Value | $1,234,841 |
Housing Distribution
Address Breakdown
Residential
17,979
Single Family
3,530
Multi-Family
14,449
Businesses
749
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Listed by: Megan Worek • RE/MAX Gateway, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2212762