3900 Cathedral #308AWashingtonDC20011
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 3900 Cathedral #308A, Washington, DC, 20011 in Washington achieves 1.79, rent of $1,854/mo covers the $1,038/mo payment 1.5x over at $219,000. Rental yield 10.16%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $60,506 over five years, with $1,836/yr in principal reduction bringing total projected return to $27,836.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.2% |
| Monthly Cash Flow | $(889) | $1,200 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,854 |
| Total Monthly Debt Service | $2,709 |
| DSCR Ratio | 0.68x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1931
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20011, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,769 (100%) |
| Owner Occupied HU | 13,345 (48.1%) |
| Renter Occupied HU | 12,310 (44.3%) |
| Vacant Housing Units | 2,114 ( 7.6%) |
| Median Home Value | $721,753 |
| Average Home Value | $798,090 |
Housing Distribution
Address Breakdown
Residential
26,797
Single Family
15,791
Multi-Family
11,006
Businesses
800
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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
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Listed by: Elizabeth Bradburn • Long & Foster Real Estate, Inc.
Mls Name: Long & Foster Broker Feed
Mls Provider:
Mls ID: #DCDC2289908