4302 Martin Luther King Jr Ave SWWashingtonDC20032
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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 4302 Martin Luther King Jr Ave SW, Washington, DC, 20032 listed at $475,000 pairs $3,910/mo rent with a $2,325/mo payment to leave $1,130/mo cash flow. Total monthly income runs $3,910/mo, and annual cash flow reaches $13,557/yr on $157,463 cash to close. Return on cash invested measures 28.52% in year one, and rental yield registers 9.88% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 148.57% and total cumulative return in cash totals $233,935. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,910/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1942
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20032, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,337 (100%) |
| Owner Occupied HU | 3,531 (20.4%) |
| Renter Occupied HU | 11,934 (68.8%) |
| Vacant Housing Units | 1,872 (10.8%) |
| Median Home Value | $384,817 |
| Average Home Value | $494,903 |
Housing Distribution
Address Breakdown
Residential
16,634
Single Family
9,520
Multi-Family
7,114
Businesses
442
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Listed by: Chris Powell • Homesource United
Mls Name: Bright MLS
Mls ID: #DCDC2244662