4623 47th St NWWashingtonDC20016
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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
Rental property for sale in Washington at 4623 47th St NW, Washington, DC, 20016 generates $4,480/mo in rent, after a $5,873/mo payment. Total monthly income is $4,480/mo. Return on cash invested sits at 12.52% in year one, and rental yield is 4.48% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 62.67% and total cumulative return in cash sums $243,659. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,480/mo property income rather than buyer’s personal income.
Single Family
Built in 1933
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20016, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,169 (100%) |
| Owner Occupied HU | 9,083 (52.9%) |
| Renter Occupied HU | 6,147 (35.8%) |
| Vacant Housing Units | 1,939 (11.3%) |
| Median Home Value | $1,255,037 |
| Average Home Value | $1,294,909 |
Housing Distribution
Address Breakdown
Residential
15,340
Single Family
7,194
Multi-Family
8,146
Businesses
1,109
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Listed by: Colleen Lee • RESDI Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2234914