612 Alabama Ave SEWashingtonDC20032
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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 612 Alabama Ave SE, Washington, DC, 20032 offers $3,194/mo rent that, after a $2,442/mo payment, leaves $274/mo cash flow. Total monthly income is $3,194/mo, and annual cash flow is $3,285/yr on $165,419 cash. Return on cash invested measures 21.9% in year one, and rental yield stands at 7.68% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 113.04% and total cumulative return in cash reaches $186,990. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,194/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1903
2,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20032, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,337 (100%) |
| Owner Occupied HU | 3,531 (20.4%) |
| Renter Occupied HU | 11,934 (68.8%) |
| Vacant Housing Units | 1,872 (10.8%) |
| Median Home Value | $384,817 |
| Average Home Value | $494,903 |
Housing Distribution
Address Breakdown
Residential
16,634
Single Family
9,520
Multi-Family
7,114
Businesses
442
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Listed by: Courtney Abrams • TTR Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #DCDC2243026