919 12th St NE #A301WashingtonDC20002
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 919 12th St NE #A301, Washington, DC, 20002 in Washington at $439,000 earns $2,581/mo in rent and nets $12/mo after the $1,974/mo payment, a 7.06% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $121,288 over five years. Ziffy Mortgage underwrites this on a 1.31 DSCR without U.S. credit history. With $4,043/yr in principal paydown, total projected return reaches $166,608.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 5.2% |
| Monthly Cash Flow | $12 | $1,200 |
City averages based on Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,581 |
| Total Monthly Debt Service | $2,395 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20002, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,543 (100%) |
| Owner Occupied HU | 12,288 (27.0%) |
| Renter Occupied HU | 26,295 (57.7%) |
| Vacant Housing Units | 6,960 (15.3%) |
| Median Home Value | $826,456 |
| Average Home Value | $892,956 |
Housing Distribution
Address Breakdown
Residential
43,009
Single Family
18,248
Multi-Family
24,761
Businesses
1,755
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
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20002, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,543 (100%) |
| Owner Occupied HU | 12,288 (27.0%) |
| Renter Occupied HU | 26,295 (57.7%) |
| Vacant Housing Units | 6,960 (15.3%) |
| Median Home Value | $826,456 |
| Average Home Value | $892,956 |
Housing Distribution
Address Breakdown
Residential
43,009
Single Family
18,248
Multi-Family
24,761
Businesses
1,755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Goran Maric • Compass
Mls Name: Bright MLS
Mls ID: #DCDC2220618