8 Rhode Island Ave NWWashingtonDC20001
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 8 Rhode Island Ave NW, Washington, DC, 20001 at $899,999 posts ROI 29.18% with $2,252/mo cash flow from $7,519/mo rent. Total monthly income equals $7,519/mo, and annual cash flow records $27,018/yr on $296,100 to close. Return on cash invested measures 29.18% and rental yield reads 10.03% at the current $899,999. Equity gained on principal adds $5,808/yr, and 5% annual appreciation supports $248,653 by year five. Five-year ROI prints 152.11% and total cumulative return in cash totals $450,383.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,519/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1909
1,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20001, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,258 (100%) |
| Owner Occupied HU | 7,610 (24.3%) |
| Renter Occupied HU | 19,069 (61.0%) |
| Vacant Housing Units | 4,579 (14.6%) |
| Median Home Value | $858,542 |
| Average Home Value | $926,439 |
Housing Distribution
Address Breakdown
Residential
29,069
Single Family
8,083
Multi-Family
20,986
Businesses
1,943
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Harbour • HER Properties, LLC
Mls Name: Bright MLS
Mls ID: #DCDC2235790