712 Alabama Ave SEWashingtonDC20032
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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 712 Alabama Ave SE, Washington, DC, 20032 uses $165,750 cash to close to unlock $3,862/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $3,248/mo, and a $2,447/mo payment keeps the spread at $322/mo. Purchase price stands at $500,000, and rental yield measures 7.8% with $3,248/mo rent. Return on cash invested shows 22.24% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 114.89% and total cumulative return in cash records $190,424. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,248/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1966
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20032, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,337 (100%) |
| Owner Occupied HU | 3,531 (20.4%) |
| Renter Occupied HU | 11,934 (68.8%) |
| Vacant Housing Units | 1,872 (10.8%) |
| Median Home Value | $384,817 |
| Average Home Value | $494,903 |
Housing Distribution
Address Breakdown
Residential
16,634
Single Family
9,520
Multi-Family
7,114
Businesses
442
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Listed by: Michael Hill • Inclusions & Associates Real Estate
Mls Name: Bright MLS
Mls ID: #DCDC2242698