7 18th St SE APT 208WashingtonDC20003
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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 7 18th St SE APT 208, Washington, DC, 20003 uses $82,544 cash to close to unlock $4,024/yr annual cash flow and $335/mo monthly cash flow. Total monthly income runs $1,793/mo, and a $1,219/mo payment keeps the spread at $335/mo. Purchase price stands at $249,000, and rental yield measures 8.64% with $1,793/mo rent. Return on cash invested shows 24.78% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 128.6% and total cumulative return in cash records $106,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,793/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in 1923
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: Morgan Knull • RE/MAX Gateway, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2239364