61 Plan, 1208 M Street CondominiumsWashingtonDC20005
INVESTMENT ANALYSIS
Investment Verdict
Solid Income61 Plan, 1208 M Street Condominiums, Washington, DC, 20005 in Washington is a solid income-producing rental, 8.97% gross yield, $7,103/mo rent, $1,543/mo net cash flow on a $949,900 buy. DSCR 1.66 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $262,440 and $8,749/yr in principal reduction project a total cumulative return of $458,142.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.2% |
| Monthly Cash Flow | $1,543 | $1,200 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,103 |
| Total Monthly Debt Service | $5,182 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20005, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,710 (100%) |
| Owner Occupied HU | 2,336 (24.1%) |
| Renter Occupied HU | 6,232 (64.2%) |
| Vacant Housing Units | 1,142 (11.8%) |
| Median Home Value | $709,828 |
| Average Home Value | $833,652 |
Housing Distribution
Address Breakdown
Residential
9,167
Single Family
549
Multi-Family
8,618
Businesses
1,856
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20005, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,710 (100%) |
| Owner Occupied HU | 2,336 (24.1%) |
| Renter Occupied HU | 6,232 (64.2%) |
| Vacant Housing Units | 1,142 (11.8%) |
| Median Home Value | $709,828 |
| Average Home Value | $833,652 |
Housing Distribution
Address Breakdown
Residential
9,167
Single Family
549
Multi-Family
8,618
Businesses
1,856
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Urban Pace
Mls Name: Urban Pace
Mls ID: #N/A