610 Independence Ave SEWashingtonDC20003
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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 610 Independence Ave SE, Washington, DC, 20003 at $1,990,000 posts ROI 13.4% with from $7,904/mo rent. Total monthly income equals $7,904/mo. Return on cash invested measures 13.4% and rental yield reads 4.77% at the current $1,990,000. Equity gained on principal adds $12,841/yr, and 5% annual appreciation supports $549,800 by year five. Five-year ROI prints 67.4% and total cumulative return in cash totals $434,579. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,904/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1927
1,698 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: Robert Hryniewicki • TTR Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #DCDC2230266