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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Washington at 922 24th St NW APT 807, Washington, DC, 20037 generates $2,354/mo in rent and, after a $1,143/mo payment, leaves $319/mo in cash flow. Total monthly income is $2,354/mo, and annual cash flow is $3,828/yr on $77,389 invested. Return on cash invested sits at 24.86% in year one, and rental yield is 12.1% on a $233,450 entry. Equity gained on principal adds $1,506/yr, while 5% annual appreciation builds toward $64,498 over five years. Five-year ROI reaches 132.67% and total cumulative return in cash sums $102,670. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,354/mo property income rather than buyer’s personal income.
Condo
Built in 1962
124 sqft lot
$N/A/sqft
$621 monthly HOA
Neighborhood data shown for ZIP Code: 20037, Washington, DC area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,694 (100%) |
| Owner Occupied HU | 2,548 (23.8%) |
| Renter Occupied HU | 6,452 (60.3%) |
| Vacant Housing Units | 1,694 (15.8%) |
| Median Home Value | $978,316 |
| Average Home Value | $1,152,383 |
Residential
8,588
Single Family
573
Multi-Family
8,015
Businesses
680
Date | Event | Price |
|---|---|---|
| 2025-07-02 | Listing removed | $239,000 |
| 2024-07-17 | Listed for sale | $239,000 |
| 1998-09-28 | Sold | $43,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-08-11 | $1850.74 | -1.10% | $233,380 | -0.83% |
| 2024-08-11 | $1871.40 | -0.56% | $235,340 | -0.33% |
| 2023-08-11 | $1882.02 | -0.49% | $236,120 | -0.06% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
