460 New York Ave NW UNIT 704WashingtonDC20001
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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
Total monthly income runs $3,194/mo, and a $2,407/mo payment. Purchase price stands at $491,700, and rental yield measures 7.79% with $3,194/mo rent. Return on cash invested shows 18.28% in year one, and 5% annual appreciation builds toward $135,848 over five years. Five-year ROI reaches 95.13% and total cumulative return in cash records $155,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,194/mo property income covering a $2,407/mo payment rather than investor’s personal income.
Apartment
Built in 2015
98 sqft lot
$N/A/sqft
$412 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20001, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,258 (100%) |
| Owner Occupied HU | 7,610 (24.3%) |
| Renter Occupied HU | 19,069 (61.0%) |
| Vacant Housing Units | 4,579 (14.6%) |
| Median Home Value | $858,542 |
| Average Home Value | $926,439 |
Housing Distribution
Address Breakdown
Residential
29,069
Single Family
8,083
Multi-Family
20,986
Businesses
1,943
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Listed by: N/A • N/A
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Mls ID: #N/A