406 15th St SEWashingtonDC20003
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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 406 15th St SE, Washington, DC, 20003 offers a 4.77% rental yield on a $962,500 purchase with $3,822/mo rent. 2% in year one. Equity gained on principal adds $6,211/yr while 5% annual appreciation supports $265,921 over five years. Portfolio math shows five-year ROI at 66.37% and total cumulative return in cash at $210,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,822/mo property income against a $4,711/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1978
1,036 sqft 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: Koki Adasi • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2225356