51 Randolph Pl NW APT 204WashingtonDC20001
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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 51 Randolph Pl NW APT 204, Washington, DC, 20001 uses $99,450 cash to close to unlock $4,590/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $2,138/mo, and a $1,468/mo payment keeps the spread at $383/mo. Purchase price stands at $299,999, and rental yield measures 8.55% with $2,138/mo rent. Return on cash invested shows 24.52% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 127.16% and total cumulative return in cash records $126,456. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,138/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1914
225 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: Shannon Gopaul • Samson Properties
Mls Name: Bright MLS
Mls ID: #DCDC2234888