615 Powhatan Pl NWWashingtonDC20011
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
Investment Highlights
Rental property for sale in Washington at 615 Powhatan Pl NW, Washington, DC, 20011 generates $3,944/mo in rent and, after a $2,775/mo payment, leaves $626/mo in cash flow. Total monthly income is $3,944/mo, and annual cash flow is $7,507/yr on $186,543 invested. Return on cash invested sits at 24.08% in year one, and rental yield is 8.35% on a $567,000 entry. Equity gained on principal adds $3,659/yr, while 5% annual appreciation builds toward $156,652 over five years. Five-year ROI reaches 124.76% and total cumulative return in cash sums $232,735. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,944/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
1,515 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20011, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,769 (100%) |
| Owner Occupied HU | 13,345 (48.1%) |
| Renter Occupied HU | 12,310 (44.3%) |
| Vacant Housing Units | 2,114 ( 7.6%) |
| Median Home Value | $721,753 |
| Average Home Value | $798,090 |
Housing Distribution
Address Breakdown
Residential
26,797
Single Family
15,791
Multi-Family
11,006
Businesses
800
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenneth Gladden • Douglas Realty, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2233148