602 U St NWWashingtonDC20001
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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 U St NW, Washington, DC, 20001 offers $4,547/mo rent that, after a $6,358/mo payment. Total monthly income is $4,547/mo. Return on cash invested measures 11.66% in year one, and rental yield stands at 4.2% at a $1,299,000 entry. Equity gained on principal adds $8,382/yr while 5% annual appreciation compounds into $358,890 by year five. Five-year ROI records 58.05% and total cumulative return in cash reaches $244,309. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,547/mo property income versus a $6,358/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1900
950 sqft 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: Larry McAdoo • KL Associates, Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2232888