6923 Western Ave NWWashingtonDC20015
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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 6923 Western Ave NW, Washington, DC, 20015 listed at $1,550,000 pairs $4,960/mo rent with a $7,586/mo payment. Total monthly income runs $4,960/mo. Return on cash invested measures 10.55% in year one, and rental yield registers 3.84% at a $1,550,000 basis. Equity gained on principal adds $10,002/yr, and annual property appreciation at 5% supports $428,236 by year five. Five-year ROI tracks 52.08% and total cumulative return in cash totals $261,553. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,960/mo property income relative to a $7,586/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
7,209 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20015, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,097 (100%) |
| Owner Occupied HU | 4,671 (65.8%) |
| Renter Occupied HU | 2,022 (28.5%) |
| Vacant Housing Units | 404 ( 5.7%) |
| Median Home Value | $1,280,475 |
| Average Home Value | $1,310,051 |
Housing Distribution
Address Breakdown
Residential
7,015
Single Family
4,794
Multi-Family
2,221
Businesses
451
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Listed by: Kimberly Cestari • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2214298