653 Irving St NW UNIT 7WashingtonDC20010
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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 653 Irving St NW UNIT 7, Washington, DC, 20010 offers a 8.32% rental yield on a $606,200 purchase with $4,205/mo rent. Total monthly income registers $4,205/mo, and a $2,967/mo payment leaves $87/mo available for distribution. Annual cash flow reaches $1,047/yr on $199,440 to close, and return on cash invested stands at 20.59% in year one. Equity gained on principal adds $3,912/yr while 5% annual appreciation supports $167,482 over five years. Portfolio math shows five-year ROI at 107.25% and total cumulative return in cash at $213,890. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,205/mo property income against a $2,967/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2019
328 sqft lot
$N/A/sqft
$488 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20010, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,885 (100%) |
| Owner Occupied HU | 4,717 (31.7%) |
| Renter Occupied HU | 9,131 (61.3%) |
| Vacant Housing Units | 1,037 ( 7.0%) |
| Median Home Value | $876,050 |
| Average Home Value | $937,564 |
Housing Distribution
Address Breakdown
Residential
14,553
Single Family
5,689
Multi-Family
8,864
Businesses
610
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Listed by: N/A • N/A
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