401 15th St SE APT 401WashingtonDC20003
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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 401 15th St SE APT 401, Washington, DC, 20003 uses $223,720 cash to close to unlock $1,804/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $4,130/mo, and a $3,328/mo payment keeps the spread at $150/mo. Purchase price stands at $680,000, and rental yield measures 7.29% with $4,130/mo rent. Return on cash invested shows 20.87% in year one, and 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 107.51% and total cumulative return in cash records $240,516. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,130/mo property income covering a $3,328/mo payment rather than investor’s personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20003, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,121 (100%) |
| Owner Occupied HU | 6,629 (25.4%) |
| Renter Occupied HU | 15,625 (59.8%) |
| Vacant Housing Units | 3,867 (14.8%) |
| Median Home Value | $959,664 |
| Average Home Value | $1,046,138 |
Housing Distribution
Address Breakdown
Residential
25,270
Single Family
9,011
Multi-Family
16,259
Businesses
1,508
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Listed by: Niki Lang • Corcoran McEnearney
Mls Name: Bright MLS
Mls ID: #DCDC2233550