51 P St NWWashingtonDC20001
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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
Investment Highlights
Rental property for sale in Washington at 51 P St NW, Washington, DC, 20001 priced at $924,900 converts $5,578/mo rent into $165/mo cash flow after a $4,527/mo obligation. Total monthly income equals $5,578/mo, and annual cash flow totals $1,976/yr on $304,292 invested. Return on cash invested prints 20.71% in year one, and rental yield reads 7.24% against a $924,900 entry. Equity gained on principal adds $5,968/yr, while 5% annual appreciation compiles into $255,533 by year five. Five-year ROI reaches 106.65% and total cumulative return in cash sums $324,533. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,578/mo property income covering a $4,527/mo payment, not borrower’s personal income.
Townhouse
Built in 1924
1,600 sqft lot
$N/A/sqft
No 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: Phil Snedegar • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls ID: #DCDC2224828