555 Massachusetts Ave NW APT 1306WashingtonDC20001
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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 555 Massachusetts Ave NW APT 1306, Washington, DC, 20001 offers a 7.36% rental yield on a $450,000 purchase with $2,759/mo rent. Total monthly income registers $2,759/mo, and a $2,203/mo payment leaves $125/mo available for distribution. Annual cash flow reaches $1,497/yr on $149,175 to close, and return on cash invested stands at 20.91% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 107.79% and total cumulative return in cash at $160,794. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,759/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A 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: Ray Minarcik • Nomadic Real Estate Broker Services
Mls Name: Bright MLS
Mls ID: #DCDC2242976