718 Lamont St NWWashingtonDC20010
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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
Rental property for sale in Washington at 718 Lamont St NW, Washington, DC, 20010 priced at $1,550,000 pairs $6,817/mo rent with after a $7,586/mo payment. Total monthly income equals $6,817/mo. Return on cash invested is 14.98% in year one, and rental yield stands at 5.28% on a $1,550,000 basis. Equity gained on principal adds $10,002/yr, and 5% annual appreciation accumulates to $428,236 by year five. Five-year ROI measures 75.88% and total cumulative return in cash reaches $381,061. For financing, Ziffy Mortgage’s DSCR program evaluates $6,817/mo property income against a $7,586/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20010, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,885 (100%) |
| Owner Occupied HU | 4,717 (31.7%) |
| Renter Occupied HU | 9,131 (61.3%) |
| Vacant Housing Units | 1,037 ( 7.0%) |
| Median Home Value | $876,050 |
| Average Home Value | $937,564 |
Housing Distribution
Address Breakdown
Residential
14,553
Single Family
5,689
Multi-Family
8,864
Businesses
610
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Listed by: Ari Firoozabadi • Greysteel Company LLC
Mls Name: Bright MLS
Mls ID: #DCDC2225762