422 Butternut St NW APT T3WashingtonDC20012
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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 422 Butternut St NW APT T3, Washington, DC, 20012 offers a 9.2% rental yield on a $375,000 purchase with $2,875/mo rent. Total monthly income registers $2,875/mo, and a $1,835/mo payment leaves $681/mo available for distribution. Annual cash flow reaches $8,167/yr on $124,313 to close, and return on cash invested stands at 26.48% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 137.65% and total cumulative return in cash at $171,111. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,875/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1931
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20012, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,966 (100%) |
| Owner Occupied HU | 4,110 (51.6%) |
| Renter Occupied HU | 3,023 (37.9%) |
| Vacant Housing Units | 833 (10.5%) |
| Median Home Value | $819,310 |
| Average Home Value | $904,245 |
Housing Distribution
Address Breakdown
Residential
7,755
Single Family
4,529
Multi-Family
3,226
Businesses
401
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Listed by: Marie Waldo • REMAX Platinum Realty
Mls Name: Bright MLS
Mls ID: #DCDC2233170