742 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
Rental property for sale in Washington at 742 Congress St SE, Washington, DC, 20032 generates $3,754/mo in rent and, after a $1,879/mo payment, leaves $1,507/mo in cash flow. Total monthly income is $3,754/mo, and annual cash flow is $18,084/yr on $127,296 invested. Return on cash invested sits at 34.12% in year one, and rental yield is 11.73% on a $384,000 entry. Equity gained on principal adds $2,478/yr, while 5% annual appreciation builds toward $106,092 over five years. Five-year ROI reaches 178.56% and total cumulative return in cash sums $227,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,754/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
2,343 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Williams • Keller Williams Capital Properties
Mls Name: Bright MLS
Mls ID: #DCDC2233356