720 Congress St SEWashingtonDC20032
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 720 Congress St SE, Washington, DC, 20032 at $410,000 posts ROI 28.3% with $950/mo cash flow from $3,350/mo rent. Total monthly income equals $3,350/mo, and annual cash flow records $11,401/yr on $135,915 to close. Return on cash invested measures 28.3% and rental yield reads 9.8% at the current $410,000. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 by year five. Five-year ROI prints 147.41% and total cumulative return in cash totals $200,351.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,350/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
2,981 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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Nearby investment properties with comparable prices
Listed by: Umeka Coleman • Keller Williams Preferred Properties
Mls Name: Bright MLS
Mls ID: #DCDC2223042