500 Tennessee Ave NEWashingtonDC20002
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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 500 Tennessee Ave NE, Washington, DC, 20002 with 5% annual appreciation on a $1,220,000 basis while $6,650/mo rent supports operations. 88% in year one. Equity gained on principal adds $7,872/yr, and five-year appreciation sums $337,064 alongside rental yield of 6.54%. Five-year ROI measures 96.78% and total cumulative return in cash totals $382,563. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,650/mo property income versus a $5,971/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1950
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20002, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,543 (100%) |
| Owner Occupied HU | 12,288 (27.0%) |
| Renter Occupied HU | 26,295 (57.7%) |
| Vacant Housing Units | 6,960 (15.3%) |
| Median Home Value | $826,456 |
| Average Home Value | $892,956 |
Housing Distribution
Address Breakdown
Residential
43,009
Single Family
18,248
Multi-Family
24,761
Businesses
1,755
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Listed by: Andrew Pariser • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2230972