601 58th St NE APT 3WashingtonDC20019
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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 601 58th St NE APT 3, Washington, DC, 20019 earns $261/mo cash flow from $1,174/mo rent with a $764/mo payment. Total monthly income totals $1,174/mo, and annual cash flow totals $3,126/yr on $51,714 capital. ROI tracks 25.95% on current figures, and rental yield reads 9.03% at a $156,000 purchase. Equity gained on principal adds $1,007/yr, and 5% annual appreciation supports $43,100 over five years. Five-year ROI reaches 134.88% and total cumulative return in cash sums $69,750. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,174/mo property income instead of your personal income.
Condo
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20019, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,567 (100%) |
| Owner Occupied HU | 9,325 (33.8%) |
| Renter Occupied HU | 15,092 (54.7%) |
| Vacant Housing Units | 3,150 (11.4%) |
| Median Home Value | $430,881 |
| Average Home Value | $476,715 |
Housing Distribution
Address Breakdown
Residential
24,046
Single Family
14,366
Multi-Family
9,680
Businesses
515
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Listed by: Ralphael Joyner • TTR Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #DCDC2239130