449 Mellon St SEWashingtonDC20032
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Washington rentals match the income profile of 449 Mellon St SE, Washington, DC, 20032. Listed at $580,000, gross rent is $5,791/mo and net cash flow is $2,397/mo, a 11.98% yield well above national averages. DSCR 2.22 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $160,243 by year five with $5,342/yr in annual principal reduction, projecting $373,325 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 5.2% |
| Monthly Cash Flow | $2,397 | $1,200 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,791 |
| Total Monthly Debt Service | $3,164 |
| DSCR Ratio | 1.83x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1942
4,700 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1942
4,700 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taelor Salmon • Coldwell Banker Realty - Washington
Mls Name: Bright MLS
Mls ID: #DCDC2213294