7054 Eastern Ave NW APT 304WashingtonDC20012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7054 Eastern Ave NW APT 304, Washington, DC, 20012 listed at $288,000 pairs $2,035/mo rent with a $1,410/mo payment to leave $349/mo cash flow. Total monthly income runs $2,035/mo, and annual cash flow reaches $4,188/yr on $95,472 cash to close. Return on cash invested measures 24.3% in year one, and rental yield registers 8.48% at a $288,000 basis. Equity gained on principal adds $1,858/yr, and annual property appreciation at 5% supports $79,569 by year five. Five-year ROI tracks 125.91% and total cumulative return in cash totals $120,204. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,035/mo property income relative to a $1,410/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20012, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,966 (100%) |
| Owner Occupied HU | 4,110 (51.6%) |
| Renter Occupied HU | 3,023 (37.9%) |
| Vacant Housing Units | 833 (10.5%) |
| Median Home Value | $819,310 |
| Average Home Value | $904,245 |
Housing Distribution
Address Breakdown
Residential
7,755
Single Family
4,529
Multi-Family
3,226
Businesses
401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jinean L. Carter • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2229964