921 48th St NEWashingtonDC20019
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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
Investment property for sale in Washington at 921 48th St NE, Washington, DC, 20019 uses $116,025 cash to close to unlock $4,747/yr annual cash flow and $396/mo monthly cash flow. Total monthly income runs $2,444/mo, and a $1,713/mo payment keeps the spread at $396/mo. Purchase price stands at $350,000, and rental yield measures 8.38% with $2,444/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 124.36% and total cumulative return in cash records $144,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,444/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1935
4,820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20019, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,567 (100%) |
| Owner Occupied HU | 9,325 (33.8%) |
| Renter Occupied HU | 15,092 (54.7%) |
| Vacant Housing Units | 3,150 (11.4%) |
| Median Home Value | $430,881 |
| Average Home Value | $476,715 |
Housing Distribution
Address Breakdown
Residential
24,046
Single Family
14,366
Multi-Family
9,680
Businesses
515
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Listed by: Gabriel Deukmaji • KW Metro Center
Mls Name: Bright MLS
Mls ID: #DCDC2226326