3022 23rd St SE · Washington, DC
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $631 – $1,173
Heat risk 7/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 20.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +11.4/30.0
- ARV discount +7.5/15.0
- Livability +3.7/5.0
- Schools +3.6/10.0
- Rent growth +3.5/5.0
- 1% rule +3.4/10.0
- DSCR +3.3/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$299,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Imagine a beautiful, fully renovated, 4BR/3BA detached cottage high above the city. Its charming front porch is the ideal place to take in the amazing vista views. Open the bright red front door and step into a wonderfully serene & light-filled space, a perfect blend of farmhouse style & modern design. The open floorplan w/ its thoughtful layout & gorgeous chefs kitchen is perfect for entertaining. There are 2 bedrms & 2 full bathrms on this level, including a rare master suite. The walk-out LL has a large family rm, two additional bdrms, and a 3rd full bath. This gorgeous home sits on an exquisite, expansive, & very private fenced lot. There is a rear patio, parking for 2 cars & plenty of space to unleash your green thumb! Close to exciting upcoming retail & residential developments. Easy commute to downtown. A truly special, one of a kind property.
Key facts
- 4,776 sq ft lot
- 4 garage spots
- Built 1949
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/3.0-bath single-family listed at $299k.
Deal economics
- At list price, monthly cash flow is $-105 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $280k (6.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $250k (16.4% below list).
- Recommended offer: $250k (16.4% below list) — sets the bar for 1% rule.
- Cap rate 5.9% vs local median 2.5% in Washington — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 73/100 on livability (#1 in DC) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
- District Of Columbia Public Schools (urban): math 33% / reading 40% proficiency, ranked #8 of 32 in DC (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising (+3.9%/yr); 296 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 1,737 units permitted in District of Columbia in 2024 (1,506 in 5+ unit buildings).
- At $2,500/mo this rent would consume 56% of the median local household income ($54k/yr) (locally 5148% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
- District of Columbia County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 238 days — a 12% lower offer ($263k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 27y ago; this cycle's ask has dropped $204k (40%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 238 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
- Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.84% ✗
- Cap rate
- 5.87%
- Cash-on-cash
- -1.50%
- DSCR
- 0.93
- GRM
- 10.0
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.86% rent growth · sell at horizon
- IRR
- -17.8%
- Equity multiple
- 0.37×
- Total profit
- $-52,898
- Equity at exit
- $44,582
- IRR
- -8.3%
- Equity multiple
- 0.46×
- Total profit
- $-45,362
- Equity at exit
- $25,852
Cash invested: $83,720 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (CITY)
- 0 Strongly Tenant-Friendly
- State District of Columbia
- 12 Strongly Tenant-Friendly · D+43
- County
- — inherits STATE
- City Washington
- 0 Strongly Tenant-Friendly · D+43
ZIP-level market 20020
- Rents YoY
- 3.9%
- Active inventory
- 296
- Price-to-rent
- 10.0×
Monthly cashflow live
- Estimated rent
- $2,500 high interval (Pro) →
- Mortgage (P&I)
- −$1,568
- Tax from tax record
- −$387 /mo · $4,642/yr
- Insurance
- −$125
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$525
- Net cashflow
- $-105
Break-even live
Sensitivity live
| Price | -10% $64 | -5% $-20 | +0% $-105 | +5% $-189 | +10% $-274 |
|---|---|---|---|---|---|
| Rent | -10% $-302 | -5% $-204 | +0% $-105 | +5% $-6 | +10% $93 |
| Rate | -1.0pp $46 | -0.5pp $-29 | base $-105 | +0.5pp $-182 | +1.0pp $-261 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $74,750
- Closing costs
- $8,970
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2472 Alabama Ave SE Unit B2 Washington, DC | 3.0 | 1.0 | 827 | $2,500 | $3.02 | 25d | 1 | 0.15mi |
| 2429 Alabama Ave SE Unit 204 Washington, DC | 3.0 | 1.0 | 635 | $2,850 | $4.49 | 22d | 1 | 0.22mi |
| 2816 Hartford St SE Washington, DC | 3.0 | 1.0 | 760 | $9,000 | $11.84 | 4d | 1 | 0.22mi |
| 2495 Alabama Ave SE Unit 302 Washington, DC | 3.0 | 1.0 | 825 | $2,600 | $3.15 | 22d | 1 | 0.25mi |
| 2833 28th St SE Unit 4 Washington, DC | 3.0 | 1.0 | 820 | $2,200 | $2.68 | 25d | 1 | 0.28mi |
| 2847 Gainesville St SE Unit 303 Washington, DC | 3.0 | 1.0 | 902 | $2,400 | $2.66 | 25d | 1 | 0.34mi |
| 3212 28th St SE Unit D Washington, DC | 3.0 | 1.0 | 790 | $2,100 | $2.66 | 25d | 1 | 0.37mi |
| 3216 28th St SE #2 Washington, DC | 3.0 | 1.0 | 600 | $2,204 | $3.67 | 25d | 1 | 0.38mi |
| 3130 Buena Vista Ter SE Unit 6 Washington, DC | 3.0 | 1.0 | 855 | $1,980 | $2.32 | 17d | 1 | 0.46mi |
| 2000 Ridgecrest Ct SE Washington, DC | 3.0 | 1.0 | 850 | $1,486 | $1.75 | 2d | 1 | 0.46mi |
| 2000 Ridgecrest Ct SE Washington, DC | 2.0–3.0 | 1.0 | 900 | $1,923 | $2.14 | 2d | 6 | 0.46mi |
| 3158 Buena Vista Ter SE Unit 1 Washington, DC | 3.0 | 1.0 | 800 | $2,900 | $3.62 | 25d | 1 | 0.48mi |
| 3009 Southern Ave SE Temple Hills, MD | 3.0 | 1.0 | 909 | $1,650 | $1.82 | 44d | 1 | 0.61mi |
| 3275 15th Pl SE #101 Washington, DC | 3.0 | 1.0 | 984 | $2,250 | $2.29 | 25d | 1 | 0.73mi |
| 3281 15th Pl SE Washington, DC | 3.0 | 1.0 | 1012 | $1,750 | $1.73 | 8d | 1 | 0.74mi |
| 1953 19th Pl SE Apt 104 Washington, DC | 3.0 | 1.0 | 980 | $2,800 | $2.86 | 6d | 1 | 0.79mi |
| 1953 19th Pl SE Apt 301 Washington, DC | 3.0 | 1.0 | 980 | $5,301 | $5.41 | 25d | 1 | 0.80mi |
| 2629 Douglass Rd SE Washington, DC | 2.0–3.0 | 1.0–1.5 | 888 | $2,245 | $2.53 | 2d | 13 | 0.91mi |
| 3103 Good Hope Ave Hillcrest Heights, MD | 3.0 | 1.0–2.0 | 851 | $2,709 | $3.18 | 0d | 13 | 0.94mi |
| 2440 S St SE Unit 4 Washington, DC | 3.0 | 1.0 | 800 | $2,450 | $3.06 | 8d | 1 | 1.00mi |
| 1516 Marion Barry Ave SE Unit 301 Washington, DC | 3.0 | 2.0 | 1100 | $1,795 | $1.63 | 8d | 1 | 1.03mi |
| 1721 Minnesota Ave SE Washington, DC | 3.0 | 1.0 | 680 | $1,450 | $2.13 | 25d | 1 | 1.08mi |
| 1302 Morris Rd SE Washington, DC | 3.0 | 1.0 | 750 | $2,400 | $3.20 | 25d | 1 | 1.09mi |
| 1201 Oak Dr SE Washington, DC | 3.0 | 1.0–2.0 | 853 | $2,220 | $2.60 | 2d | 19 | 1.13mi |
| 1616 27th St SE Unit 6 Washington, DC | 3.0 | 1.0 | 1100 | $2,850 | $2.59 | 25d | 1 | 1.14mi |
| 1720 R St SE Washington, DC | 3.0 | 1.0 | 750 | $2,500 | $3.33 | 25d | 1 | 1.14mi |
| 3325 13th St SE Apt 1 Washington, DC | 3.0 | 1.0 | 902 | $2,500 | $2.77 | 2d | 1 | 1.17mi |
| 3325 13th St SE Apt 12 Washington, DC | 3.0 | 1.0 | 901 | $2,500 | $2.77 | 25d | 1 | 1.17mi |
| 1525 28th St SE Unit 302 Washington, DC | 3.0 | 1.0 | 900 | $2,100 | $2.33 | 25d | 1 | 1.21mi |
| 2215 Minnesota Ave SE Unit 18 Washington, DC | 4.0 | 2.0 | 990 | $4,500 | $4.55 | 25d | 1 | 1.21mi |
| 2215 Minnesota Ave SE Unit 3 Washington, DC | 3.0 | 1.0 | 750 | $2,500 | $3.33 | 25d | 1 | 1.21mi |
| 3207 11th Pl SE #4 Washington, DC | 3.0 | 1.0 | 850 | $1,800 | $2.12 | 19d | 1 | 1.24mi |
| 3207 11th Pl SE #4 Washington, DC | 3.0 | 1.0 | 850 | $1,800 | $2.12 | 25d | 1 | 1.24mi |
| 2925-2929 Pennsylvania Ave SE Unit 204 Washington, DC | 3.0 | 1.0 | 980 | $3,000 | $3.06 | 4d | 1 | 1.24mi |
| 2925-2929 Pennsylvania Ave SE Unit 106 Washington, DC | 4.0 | 1.0 | 988 | $4,200 | $4.25 | 25d | 1 | 1.24mi |
| 2925-2929 Pennsylvania Ave SE Unit 106 Washington, DC | 4.0 | 1.0 | 980 | $4,200 | $4.29 | 4d | 1 | 1.24mi |
| 1439 Southern Ave SE Oxon Hill, MD | 2.0–3.0 | 1.0–2.0 | 1080 | $2,342 | $2.17 | 44d | 1 | 1.32mi |
| 3416 Curtis Dr Suitland, MD | 1.0–3.0 | 1.0–1.5 | 779 | $1,943 | $2.49 | 0d | 25 | 1.35mi |
| 615 Malcolm X Ave SE Unit F Washington, DC | 3.0 | 1.0 | 1100 | $2,508 | $2.28 | 3d | 1 | 1.43mi |
| 3928 Stone Gate Dr Unit D Suitland, MD | 3.0 | 1.5 | 1031 | $1,700 | $1.65 | 19d | 1 | 1.44mi |
Listing history 31 events
-
2025-12-12status Pending
-
2025-10-30historical Active Under Contract
-
2025-10-21price $299,000
-
2025-05-27status Active
-
2025-05-19price $359,000
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2025-01-16status Pending
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2024-12-24historical
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2024-12-17price $399,000
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2024-10-05$502,500 Active
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2024-10-02historical $502,500
-
2020-04-28soldstatus $480,000
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2020-04-24soldstatus $480,000 Closed 904-char remark
Show marketing remark (904 chars)
Imagine a beautiful, fully renovated, 4BR/3BA detached cottage high above the city. Its charming front porch is the ideal place to take in the amazing vista views. Open the bright red front door and step into a wonderfully serene & light-filled space, a perfect blend of farmhouse style & modern design. The open floorplan w/ its thoughtful layout & gorgeous chefs kitchen is perfect for entertaining. There are 2 bedrms & 2 full bathrms on this level, including a rare master suite. The walk-out LL has a large family rm, two additional bdrms, and a 3rd full bath. This gorgeous home sits on an exquisite, expansive, & very private fenced lot. There is a rear patio, parking for 2 cars & plenty of space to unleash your green thumb! Close to exciting upcoming retail & residential developments. Easy commute to downtown. A truly special, one of a kind property.
-
2020-03-25status Pending 904-char remark
Show marketing remark (904 chars)
Imagine a beautiful, fully renovated, 4BR/3BA detached cottage high above the city. Its charming front porch is the ideal place to take in the amazing vista views. Open the bright red front door and step into a wonderfully serene & light-filled space, a perfect blend of farmhouse style & modern design. The open floorplan w/ its thoughtful layout & gorgeous chefs kitchen is perfect for entertaining. There are 2 bedrms & 2 full bathrms on this level, including a rare master suite. The walk-out LL has a large family rm, two additional bdrms, and a 3rd full bath. This gorgeous home sits on an exquisite, expansive, & very private fenced lot. There is a rear patio, parking for 2 cars & plenty of space to unleash your green thumb! Close to exciting upcoming retail & residential developments. Easy commute to downtown. A truly special, one of a kind property.
-
2020-03-18status Active 904-char remark
Show marketing remark (904 chars)
Imagine a beautiful, fully renovated, 4BR/3BA detached cottage high above the city. Its charming front porch is the ideal place to take in the amazing vista views. Open the bright red front door and step into a wonderfully serene & light-filled space, a perfect blend of farmhouse style & modern design. The open floorplan w/ its thoughtful layout & gorgeous chefs kitchen is perfect for entertaining. There are 2 bedrms & 2 full bathrms on this level, including a rare master suite. The walk-out LL has a large family rm, two additional bdrms, and a 3rd full bath. This gorgeous home sits on an exquisite, expansive, & very private fenced lot. There is a rear patio, parking for 2 cars & plenty of space to unleash your green thumb! Close to exciting upcoming retail & residential developments. Easy commute to downtown. A truly special, one of a kind property.
-
2020-03-16historical 904-char remark
Show marketing remark (904 chars)
Imagine a beautiful, fully renovated, 4BR/3BA detached cottage high above the city. Its charming front porch is the ideal place to take in the amazing vista views. Open the bright red front door and step into a wonderfully serene & light-filled space, a perfect blend of farmhouse style & modern design. The open floorplan w/ its thoughtful layout & gorgeous chefs kitchen is perfect for entertaining. There are 2 bedrms & 2 full bathrms on this level, including a rare master suite. The walk-out LL has a large family rm, two additional bdrms, and a 3rd full bath. This gorgeous home sits on an exquisite, expansive, & very private fenced lot. There is a rear patio, parking for 2 cars & plenty of space to unleash your green thumb! Close to exciting upcoming retail & residential developments. Easy commute to downtown. A truly special, one of a kind property.
-
2020-03-16$485,000 904-char remark
Show marketing remark (904 chars)
Imagine a beautiful, fully renovated, 4BR/3BA detached cottage high above the city. Its charming front porch is the ideal place to take in the amazing vista views. Open the bright red front door and step into a wonderfully serene & light-filled space, a perfect blend of farmhouse style & modern design. The open floorplan w/ its thoughtful layout & gorgeous chefs kitchen is perfect for entertaining. There are 2 bedrms & 2 full bathrms on this level, including a rare master suite. The walk-out LL has a large family rm, two additional bdrms, and a 3rd full bath. This gorgeous home sits on an exquisite, expansive, & very private fenced lot. There is a rear patio, parking for 2 cars & plenty of space to unleash your green thumb! Close to exciting upcoming retail & residential developments. Easy commute to downtown. A truly special, one of a kind property.
-
2020-03-16price $485,000 904-char remark
Show marketing remark (904 chars)
Imagine a beautiful, fully renovated, 4BR/3BA detached cottage high above the city. Its charming front porch is the ideal place to take in the amazing vista views. Open the bright red front door and step into a wonderfully serene & light-filled space, a perfect blend of farmhouse style & modern design. The open floorplan w/ its thoughtful layout & gorgeous chefs kitchen is perfect for entertaining. There are 2 bedrms & 2 full bathrms on this level, including a rare master suite. The walk-out LL has a large family rm, two additional bdrms, and a 3rd full bath. This gorgeous home sits on an exquisite, expansive, & very private fenced lot. There is a rear patio, parking for 2 cars & plenty of space to unleash your green thumb! Close to exciting upcoming retail & residential developments. Easy commute to downtown. A truly special, one of a kind property.
-
2019-11-15soldstatus $181,000
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2019-11-08soldstatus $181,000 Closed 501-char remark
Show marketing remark (501 chars)
If Your Buyer Is Looking For A Oasis, This Is It, A Hidden Gem For The Right Buyer. This 2 bedroom, 1 bath Home Is An Investor Delight Or For A Buyer That Doesn't Mind Putting In The Work To Make This Home Shine Again, The Vision For This House Is Endless, Come Ready To Put Your Unique Touch To Make This House Yours!! This Is A As-Is Sale. Seller Will Not Do Any Repairs. Purchase This House With Cash, Conventional or FHA 203 Financing, Make Appointment See The Property Today, It Won't Last Long!!
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2019-10-25status Pending 501-char remark
Show marketing remark (501 chars)
If Your Buyer Is Looking For A Oasis, This Is It, A Hidden Gem For The Right Buyer. This 2 bedroom, 1 bath Home Is An Investor Delight Or For A Buyer That Doesn't Mind Putting In The Work To Make This Home Shine Again, The Vision For This House Is Endless, Come Ready To Put Your Unique Touch To Make This House Yours!! This Is A As-Is Sale. Seller Will Not Do Any Repairs. Purchase This House With Cash, Conventional or FHA 203 Financing, Make Appointment See The Property Today, It Won't Last Long!!
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2019-10-04$200,000 Active 501-char remark
Show marketing remark (501 chars)
If Your Buyer Is Looking For A Oasis, This Is It, A Hidden Gem For The Right Buyer. This 2 bedroom, 1 bath Home Is An Investor Delight Or For A Buyer That Doesn't Mind Putting In The Work To Make This Home Shine Again, The Vision For This House Is Endless, Come Ready To Put Your Unique Touch To Make This House Yours!! This Is A As-Is Sale. Seller Will Not Do Any Repairs. Purchase This House With Cash, Conventional or FHA 203 Financing, Make Appointment See The Property Today, It Won't Last Long!!
-
2019-10-04historical
Show marketing remark (501 chars)
If Your Buyer Is Looking For A Oasis, This Is It, A Hidden Gem For The Right Buyer. This 2 bedroom, 1 bath Home Is An Investor Delight Or For A Buyer That Doesn't Mind Putting In The Work To Make This Home Shine Again, The Vision For This House Is Endless, Come Ready To Put Your Unique Touch To Make This House Yours!! This Is A As-Is Sale. Seller Will Not Do Any Repairs. Purchase This House With Cash, Conventional or FHA 203 Financing, Make Appointment See The Property Today, It Won't Last Long!!
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2019-09-07price $210,000
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2019-09-07status Active
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2019-08-08status Pending
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2019-07-19$215,000 Active
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2002-06-07soldstatus $95,000
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2002-05-15soldstatus $95,000
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2002-03-18historical
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2001-10-18$95,000
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1999-05-20
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast DC · Partial reset (capped growth)
- Current annual tax
- $4,642 · $387/mo
- Projected year-2 tax
- $4,642 · $387/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 7/10 Severe 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
- Wind 4/10 Moderate 20% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $29,994
- − Mortgage interest
- −$16,749
- − Property taxes
- −$4,642
- − Insurance
- −$1,495
- − Repairs & maintenance
- −$2,400
- − Management
- −$2,400
- − Depreciation
- −$8,698
- Taxable loss
- −$6,389
- Est. tax savings @ 24.0%
- +$1,533
- After-tax cash flow
- $276/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- District Of Columbia Public Schools
- NCES district ID
- 1100030
- Math proficiency
- 33% ▲ 3.00%
- Reading proficiency
- 40% ▲ 5.00%
- Median HH income
- $67,671
- Composite
- 35.84/100
- National rank
- #9606
- State rank
- #8 of 32 in DC
Livability — Washington
- Score
- 73/100
- State rank
- #1
- US rank
- #5327
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Washington, DC
- County
- District of Columbia · 671,873 people
- City population
- 671,873
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Population (ZIP)
- 53,005
- Household income
- $54,032
- Rent vs Own
- Severe rent burden
- 5148.0
Population outlook (District of Columbia County) Hauer SSP2
- Today (2025)
- 821,926 people
- By 2030
- 899,517 · +9.4%
- By 2040
- 1,061,162 · +29.1%
- By 2050
- 1,231,493 · +49.8%
- By 2075
- 1,603,312 · +95.1%
- By 2100
- 1,847,141 · +124.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (90%)
- Race & ethnicity
- Black 90% Two or more races 3% Hispanic / Latino 3% White 3%
- Common ancestry
- Lithuanian 1%
- Foreign-born
- 3% · Canada
- Languages at home
- 95% English-only · Spanish 2% French/Haitian/Cajun 1%
Political lean MEDSL · District of Columbia
- 2024 margin
- Solid D (+86.1) · D 91.2% · R 5.1% · Other 3.8%
- 2008→2024 swing
- +0.1pp no change · 2008: 85.9pp · 2024: 86.1pp
- All cycles
- 2024: D+86.1 2020: D+86.8 2016: D+88.7 2012: D+84.2 2008: D+85.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -415.44%
- Current HPI
- 306.5068
- Rent YoY
- ▲ 3.86%
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- State GDP YoY
- ▲ 1.33%
- F500 in state
- 6
Industry mix (Fortune 500 HQ in DC)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 1 | $153B |
|
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| Life Sciences / Industrials | 1 | $25B |
|
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| Industrial Machinery | 1 | $8B |
|
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Price history
+214.7% since first listed31 events — show timeline
- 2025-12-12 Pending — BRIGHT MLS
- 2025-10-30 Contingent — BRIGHT MLS
- 2025-10-21 Price Changed $299,000 BRIGHT MLS
- 2025-05-27 Relisted — BRIGHT MLS
- 2025-05-19 Price Changed $359,000 BRIGHT MLS
- 2025-01-16 Pending — BRIGHT MLS
- 2024-12-24 Listing Removed — BRIGHT MLS
- 2024-12-17 Price Changed $399,000 BRIGHT MLS
- 2024-10-05 Listed $502,500 BRIGHT MLS
- 2024-10-02 Coming Soon $502,500 BRIGHT MLS
- 2020-04-28 Sold (Public Records) $480,000 Public Records
- 2020-04-24 Sold (MLS) $480,000 BRIGHT MLS
- 2020-03-25 Pending — BRIGHT MLS
- 2020-03-18 Relisted — BRIGHT MLS
- 2020-03-16 Price Changed $485,000 BRIGHT MLS
- 2020-03-16 Listed $485,000 BRIGHT MLS
- 2020-03-16 Listing Removed — BRIGHT MLS
- 2019-11-15 Sold (Public Records) $181,000 Public Records
- 2019-11-08 Sold (MLS) $181,000 BRIGHT MLS
- 2019-10-25 Pending — BRIGHT MLS
- 2019-10-04 Listing Removed — BRIGHT MLS
- 2019-10-04 Listed $200,000 BRIGHT MLS
- 2019-09-07 Price Changed $210,000 BRIGHT MLS
- 2019-09-07 Relisted — BRIGHT MLS
- 2019-08-08 Pending — BRIGHT MLS
- 2019-07-19 Listed $215,000 BRIGHT MLS
- 2002-06-07 Sold (Public Records) $95,000 Public Records
- 2002-05-15 Sold (MLS) $95,000 MRIS
- 2002-03-18 Delisted — MRIS
- 2001-10-18 Listed $95,000 MRIS
- 1999-05-20 Listed — MRIS
Property tax history
+12.5%/yrLatest (2025): $4,642 · -82.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…