602 E Capitol St NEWashingtonDC20003
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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
Rental property for sale in Washington at 602 E Capitol St NE, Washington, DC, 20003 priced at $1,300,000 pairs $4,962/mo rent with after a $6,363/mo payment. Total monthly income equals $4,962/mo. Return on cash invested is 12.83% in year one, and rental yield stands at 4.58% on a $1,300,000 basis. Equity gained on principal adds $8,389/yr, and 5% annual appreciation accumulates to $359,166 by year five. Five-year ROI measures 64.33% and total cumulative return in cash reaches $270,963. For financing, Ziffy Mortgage’s DSCR program evaluates $4,962/mo property income against a $6,363/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1908
1,094 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20003, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,121 (100%) |
| Owner Occupied HU | 6,629 (25.4%) |
| Renter Occupied HU | 15,625 (59.8%) |
| Vacant Housing Units | 3,867 (14.8%) |
| Median Home Value | $959,664 |
| Average Home Value | $1,046,138 |
Housing Distribution
Address Breakdown
Residential
25,270
Single Family
9,011
Multi-Family
16,259
Businesses
1,508
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Listed by: Tim Barley • Barley & Barley Real Estate
Mls Name: Bright MLS
Mls ID: #DCDC2241528