939 Longfellow St NW APT 6WashingtonDC20011
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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 939 Longfellow St NW APT 6, Washington, DC, 20011 offers a 9.48% rental yield on a $145,000 purchase with $1,146/mo rent. Total monthly income registers $1,146/mo, and a $710/mo payment leaves $297/mo available for distribution. Annual cash flow reaches $3,564/yr on $48,068 to close, and return on cash invested stands at 27.32% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 142.29% and total cumulative return in cash at $68,396. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,146/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20011, Washington, DC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,769 (100%) |
| Owner Occupied HU | 13,345 (48.1%) |
| Renter Occupied HU | 12,310 (44.3%) |
| Vacant Housing Units | 2,114 ( 7.6%) |
| Median Home Value | $721,753 |
| Average Home Value | $798,090 |
Housing Distribution
Address Breakdown
Residential
26,797
Single Family
15,791
Multi-Family
11,006
Businesses
800
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Listed by: Dan Martin • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DCDC2240718