700 16th St NE UNIT 4WashingtonDC20002
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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 700 16th St NE UNIT 4, Washington, DC, 20002 earns from $3,244/mo rent with a $2,739/mo payment. Total monthly income totals $3,244/mo. ROI tracks 17.87% on current figures, and rental yield reads 6.96% at a $559,600 purchase. Equity gained on principal adds $3,611/yr, and 5% annual appreciation supports $154,607 over five years. Five-year ROI reaches 92.18% and total cumulative return in cash sums $169,716. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,244/mo property income instead of your personal income.
Condo
Built in 2017
420 sqft lot
$N/A/sqft
$265 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20002, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,543 (100%) |
| Owner Occupied HU | 12,288 (27.0%) |
| Renter Occupied HU | 26,295 (57.7%) |
| Vacant Housing Units | 6,960 (15.3%) |
| Median Home Value | $826,456 |
| Average Home Value | $892,956 |
Housing Distribution
Address Breakdown
Residential
43,009
Single Family
18,248
Multi-Family
24,761
Businesses
1,755
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Listed by: N/A • N/A
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