88 V St SW #PENTHOUSE 1WashingtonDC20024
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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 88 V St SW #PENTHOUSE 1, Washington, DC, 20024 priced at $1,950,000 pairs $5,641/mo rent with after a $9,544/mo payment. Total monthly income equals $5,641/mo. Return on cash invested is 9.41% in year one, and rental yield stands at 3.47% on a $1,950,000 basis. Equity gained on principal adds $12,583/yr, and 5% annual appreciation accumulates to $538,749 by year five. Five-year ROI measures 45.98% and total cumulative return in cash reaches $290,489. For financing, Ziffy Mortgage’s DSCR program evaluates $5,641/mo property income against a $9,544/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20024, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,659 (100%) |
| Owner Occupied HU | 3,446 (22.0%) |
| Renter Occupied HU | 9,910 (63.3%) |
| Vacant Housing Units | 2,303 (14.7%) |
| Median Home Value | $569,155 |
| Average Home Value | $671,705 |
Housing Distribution
Address Breakdown
Residential
12,937
Single Family
2,977
Multi-Family
9,960
Businesses
607
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Listed by: Gerard Muskus • McWilliams/Ballard, Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2225026