518 Oglethorpe St NWWashingtonDC20011
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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 NW, Washington, DC, 20011 offers a 8.81% rental yield on a $513,000 purchase with $3,767/mo rent. Total monthly income registers $3,767/mo, and a $2,511/mo payment leaves $764/mo available for distribution. Annual cash flow reaches $9,172/yr on $168,777 to close, and return on cash invested stands at 25.49% in year one. Equity gained on principal adds $3,310/yr while 5% annual appreciation supports $141,732 over five years. Portfolio math shows five-year ROI at 132.34% and total cumulative return in cash at $223,353. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,767/mo property income against a $2,511/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
2,857 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: Larry Daniels • Daniels Realty, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2233486