623 I St SWWashingtonDC20024
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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 623 I St SW, Washington, DC, 20024 at $1,215,000 posts ROI 5.76% with from $2,317/mo rent. Total monthly income equals $2,317/mo. Return on cash invested measures 5.76% and rental yield reads 2.29% at the current $1,215,000. Equity gained on principal adds $7,840/yr, and 5% annual appreciation supports $335,682 by year five. Five-year ROI prints 26.39% and total cumulative return in cash totals $103,901. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,317/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1965
992 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20024, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,659 (100%) |
| Owner Occupied HU | 3,446 (22.0%) |
| Renter Occupied HU | 9,910 (63.3%) |
| Vacant Housing Units | 2,303 (14.7%) |
| Median Home Value | $569,155 |
| Average Home Value | $671,705 |
Housing Distribution
Address Breakdown
Residential
12,937
Single Family
2,977
Multi-Family
9,960
Businesses
607
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Listed by: Justin Tanner • RE/MAX Allegiance
Mls Name: Bright MLS
Mls ID: #DCDC2228328