518 Oglethorpe St NEWashingtonDC20011
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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 518 Oglethorpe St NE, Washington, DC, 20011 listed at $350,000 pairs $3,212/mo rent with a $1,713/mo payment to leave $1,164/mo cash flow. Total monthly income runs $3,212/mo, and annual cash flow reaches $13,963/yr on $116,025 cash to close. Return on cash invested measures 31.94% in year one, and rental yield registers 11.01% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 166.94% and total cumulative return in cash totals $193,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,212/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
1,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20011, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,769 (100%) |
| Owner Occupied HU | 13,345 (48.1%) |
| Renter Occupied HU | 12,310 (44.3%) |
| Vacant Housing Units | 2,114 ( 7.6%) |
| Median Home Value | $721,753 |
| Average Home Value | $798,090 |
Housing Distribution
Address Breakdown
Residential
26,797
Single Family
15,791
Multi-Family
11,006
Businesses
800
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Listed by: Norva Madden • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2207760