649 C St SE APT 304WashingtonDC20003
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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 649 C St SE APT 304, Washington, DC, 20003 offers a 7.45% rental yield on a $430,000 purchase with $2,668/mo rent. Total monthly income registers $2,668/mo, and a $2,105/mo payment leaves $151/mo available for distribution. Annual cash flow reaches $1,811/yr on $142,545 to close, and return on cash invested stands at 21.18% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 109.21% and total cumulative return in cash at $155,667. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,668/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A 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: Justin Paulhamus • 4J Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2221992