517 Parkland Pl SEWashingtonDC20032
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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 517 Parkland Pl SE, Washington, DC, 20032 earns $861/mo cash flow from $2,786/mo rent with a $1,610/mo payment. Total monthly income totals $2,786/mo, and annual cash flow totals $10,329/yr on $109,064 capital. ROI tracks 29.38% on current figures, and rental yield reads 10.16% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 153.19% and total cumulative return in cash sums $167,073. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,786/mo property income instead of your personal income.
Multi Family
Built in 1936
2,941 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20032, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,337 (100%) |
| Owner Occupied HU | 3,531 (20.4%) |
| Renter Occupied HU | 11,934 (68.8%) |
| Vacant Housing Units | 1,872 (10.8%) |
| Median Home Value | $384,817 |
| Average Home Value | $494,903 |
Housing Distribution
Address Breakdown
Residential
16,634
Single Family
9,520
Multi-Family
7,114
Businesses
442
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Listed by: Sonya Abney • Cosmopolitan Properties Real Estate Brokerage
Mls Name: Bright MLS
Mls ID: #DCDC2232164