210 43rd Rd NE #103 · Washington, DC 20019

$177,000

2 bd · 1.0 ba · 804 sqft · Condo public records · 9 Days on market

Built 2002 $210/mo HOA · 11% of rent

---

Why this score? — see what drove the C- 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 +18.4/30.0
• ARV discount +7.5/15.0
• DSCR +5.8/10.0
• 1% rule +5.6/10.0
• Rent growth +4.0/5.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

FHA APPROVED. Cozy, bright, beautifully renovated 2 bedroom 1 bath condo with gorgeous hardwood floors, washer and dryer, new refrigerator, seller's credit on range. Near two metro stations - Benning Road and Minnesota Ave (Blue line). No investors.

Key facts

• $210 HOA
• Parking
• Built 2002

Property features AI

Finance

• Other: Ownership interest: Condominium; Finished above-grade area reported as 804 (per assessor)
• HOA & community: Monthly condo fee of $210; Condo fee includes water, trash, custodial/maintenance, and lawn maintenance; Pets allowed with limits on number and size/weight

Exterior

• Parking: One assigned parking space; Assigned parking
• Utilities: Public water; Public sewer
• Home design: Condominium unit/flat; Entry on level 1; Building name: DEANWOOD
• Construction: Brick-front construction
• Exterior features: Garden-style building (1–4 floors); Brick front; Above-grade and below-grade structures noted; Tidal water not present; Unit is in city limits

Interior

• Bedrooms: Two bedrooms on the main level
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Central heating (forced air) powered by natural gas; Central air conditioning powered by natural gas; Natural gas hot water
• Interior features: No basement; Living area reported by assessor
• Laundry & utility: Washer/dryer hookup in the unit

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $177k.

Deal economics

• At list price, monthly cash flow is $165 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $177k).
• Cap rate 7.4% 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 fast (+6.1%/yr); 276 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).
• This rent runs 39% of the median local income ($58k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 16y ago; this cycle's ask is 13621% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $90k; list at $177k implies a 97% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $177,000

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.06% ✓
• Cap rate: 7.41%
• Cash-on-cash: 4.01%
• DSCR: 1.18
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 6.06% rent growth · sell at horizon

5-year hold

• IRR: -6.4%
• Equity multiple: 0.76×
• Total profit: $-12,078
• Equity at exit: $26,391

10-year hold

• IRR: 6.9%
• Equity multiple: 1.60×
• Total profit: $29,526
• Equity at exit: $15,304

Cash invested: $49,560 (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

Rent Stabilization Program; TOPA gives tenants right of first refusal.

Methodology + full state rankings →

ZIP-level market 20019

• Rents YoY: 6.1%
• Active inventory: 276
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,883 high
• Mortgage (P&I): −$928
• Tax from tax record: −$110 /mo · $1,321/yr
• Insurance: −$74
• HOA: −$210
• Vacancy / Maint / Mgmt: −$395
• Net cashflow: $165

Break-even live

Break-even rent $1,674

Max offer price $177,000

Occupancy floor 86%

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: $44,250
• Closing costs: $5,310
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4236 Benning Rd NE Unit 302 Washington, DC	1.0	1.0	770	$1,195	$1.55	24d	1	0.02mi
4236 Benning Rd NE Washington, DC	1.0	1.0	700	$1,095	$1.56	4d	1	0.02mi
225 43rd Rd NE Unit 203 Washington, DC	3.0	1.5	900	$2,200	$2.44	24d	1	0.04mi
229 43rd Rd NE Washington, DC	2.0	1.0	800	$1,500	$1.88	19d	1	0.04mi
4255 Eads St NE Unit 3 Washington, DC	2.0	1.0	610	$1,750	$2.87	22d	1	0.18mi
4110 Ames St NE #14 Washington, DC	2.0	1.0	1098	$1,850	$1.68	24d	1	0.20mi
4601 Blaine St NE Unit 1 Washington, DC	2.0	1.0	750	$1,500	$2.00	24d	1	0.25mi
4040 E Capitol St NE Washington, DC	1.0–2.0	1.0–1.5	716	$1,608	$2.24	8d	1	0.29mi
4241 Foote St NE Apt 301 Washington, DC	3.0	1.0	909	$2,925	$3.22	4d	1	0.30mi
4241 Foote St NE Unit 102 Washington, DC	2.0	1.0	811	$2,200	$2.71	4d	1	0.30mi
4805 Texas Ave SE Washington, DC	1.0–2.0	1.0	775	$1,400	$1.81	24d	1	0.32mi
4615 Central Ave NE Unit B Washington, DC	2.0	1.0	875	$1,450	$1.66	24d	1	0.34mi
4427 A St SE Unit 1 Washington, DC	2.0	1.0	920	$1,900	$2.07	24d	1	0.36mi
4473 B St SE #304 Washington, DC	2.0	1.0	775	$1,999	$2.58	22d	1	0.44mi
4511 B St SE Washington, DC	1.0–2.0	1.0	675	$1,650	$2.44	24d	2	0.45mi
4013 Gault Pl NE Washington, DC	2.0	1.0	800	$2,108	$2.63	24d	1	0.47mi
4651 Nannie Helen Burroughs Ave NE Washington, DC	1.0–2.0	1.0	663	$1,749	$2.64	5d	3	0.53mi
556 49th Pl NE Washington, DC	3.0	3.0	894	$3,475	$3.89	24d	1	0.54mi
4930 Eads Pl NE Washington, DC	3.0	1.5	1054	$2,400	$2.28	24d	1	0.55mi
44 49th St SE Unit A1 Washington, DC	3.0	1.0	793	$2,499	$3.15	24d	1	0.56mi
212 36th St NE #1 Washington, DC	2.0	1.0	750	$2,550	$3.40	24d	1	0.59mi
212 36th St NE #3 Washington, DC	3.0	1.0	750	$3,450	$4.60	24d	1	0.59mi
4930 A St SE Unit 203 Washington, DC	3.0	1.0	750	$2,815	$3.75	24d	1	0.63mi
800 Kenilworth Ave NE Washington, DC	1.0–3.0	1.0–2.0	916	$1,840	$2.01	2d	1	0.63mi
4919 A St SE Unit 202 Washington, DC	2.0	1.0	625	$1,900	$3.04	24d	1	0.64mi
195 35th St NE Unit 1 Washington, DC	2.0	1.0	716	$1,800	$2.51	24d	1	0.64mi
700 Kenilworth Ter NE Washington, DC	2.0	1.0–2.0	798	$3,130	$3.92	2d	48	0.64mi
4820 C St SE #304 Washington, DC	2.0	1.0	635	$1,600	$2.52	24d	1	0.65mi
4820 Hayes St NE Washington, DC	1.0	1.0	920	$1,400	$1.52	24d	1	0.65mi
600 Kenilworth Ter NE Washington, DC	1.0	1.0	550	$1,626	$2.96	24d	1	0.65mi
4932 A St SE #302 Washington, DC	2.0	2.0	1007	$2,495	$2.48	4d	1	0.65mi
429 Burbank St SE Apt 4 Washington, DC	1.0	1.0	594	$1,235	$2.08	24d	1	0.66mi
750 Kenilworth Ter NE Washington, DC	2.0	1.0–2.0	805	$2,650	$3.29	2d	5	0.66mi
599 50th St NE Washington, DC	1.0–2.0	1.0–2.0	775	$2,081	$2.69	24d	1	0.67mi
165 35th St NE Unit 3 Washington, DC	1.0	1.0	750	$1,625	$2.17	24d	1	0.68mi
165 35th St NE Unit 2 Washington, DC	1.0	1.0	700	$1,495	$2.14	24d	1	0.68mi
3738 D St SE Washington, DC	1.0–2.0	1.0	542	$1,549	$2.86	8d	12	0.69mi
907 47th Pl NE Unit 1 Washington, DC	2.0	1.0	950	$1,575	$1.66	15d	1	0.71mi
324 Saint Louis St SE Washington, DC	2.0	1.0	640	$1,750	$2.73	8d	1	0.72mi
832 49th St NE Unit 1 Washington, DC	3.0	1.0	1100	$2,425	$2.20	24d	1	0.73mi

HOA detail condo

• Monthly dues: $210 · $2,520/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-05-13
   status Pending
2. 2026-05-04
   status Active
3. 2026-04-09
   historical
4. 2026-03-21
   historical $177,000
5. 2025-05-10
   historical $1,290
6. 2025-05-03
   listed $1,290
7. 2014-01-23
   soldstatus $90,000
8. 2014-01-22
   historical 249-char remark

   Show marketing remark (249 chars)

   FHA APPROVED. Cozy, bright, beautifully renovated 2 bedroom 1 bath condo with gorgeous hardwood floors, washer and dryer, new refrigerator, seller's credit on range. Near two metro stations - Benning Road and Minnesota Ave (Blue line). No investors.

9. 2014-01-16
   soldstatus $90,000 Sold 249-char remark

   Show marketing remark (249 chars)

   FHA APPROVED. Cozy, bright, beautifully renovated 2 bedroom 1 bath condo with gorgeous hardwood floors, washer and dryer, new refrigerator, seller's credit on range. Near two metro stations - Benning Road and Minnesota Ave (Blue line). No investors.

10. 2014-01-16
    soldstatus $90,000 249-char remark

    Show marketing remark (249 chars)

    FHA APPROVED. Cozy, bright, beautifully renovated 2 bedroom 1 bath condo with gorgeous hardwood floors, washer and dryer, new refrigerator, seller's credit on range. Near two metro stations - Benning Road and Minnesota Ave (Blue line). No investors.

11. 2013-11-02
    status Contract 249-char remark

    Show marketing remark (249 chars)

    FHA APPROVED. Cozy, bright, beautifully renovated 2 bedroom 1 bath condo with gorgeous hardwood floors, washer and dryer, new refrigerator, seller's credit on range. Near two metro stations - Benning Road and Minnesota Ave (Blue line). No investors.

12. 2013-10-10
    historical Contingent (Kick Out) 249-char remark

    Show marketing remark (249 chars)

    FHA APPROVED. Cozy, bright, beautifully renovated 2 bedroom 1 bath condo with gorgeous hardwood floors, washer and dryer, new refrigerator, seller's credit on range. Near two metro stations - Benning Road and Minnesota Ave (Blue line). No investors.

13. 2013-10-07
    historical 249-char remark

    Show marketing remark (249 chars)

    FHA APPROVED. Cozy, bright, beautifully renovated 2 bedroom 1 bath condo with gorgeous hardwood floors, washer and dryer, new refrigerator, seller's credit on range. Near two metro stations - Benning Road and Minnesota Ave (Blue line). No investors.

14. 2013-10-04
    listed $84,900 Active 249-char remark

    Show marketing remark (249 chars)

    FHA APPROVED. Cozy, bright, beautifully renovated 2 bedroom 1 bath condo with gorgeous hardwood floors, washer and dryer, new refrigerator, seller's credit on range. Near two metro stations - Benning Road and Minnesota Ave (Blue line). No investors.

15. 2013-10-04
    listed $84,900 249-char remark

    Show marketing remark (249 chars)

    FHA APPROVED. Cozy, bright, beautifully renovated 2 bedroom 1 bath condo with gorgeous hardwood floors, washer and dryer, new refrigerator, seller's credit on range. Near two metro stations - Benning Road and Minnesota Ave (Blue line). No investors.

16. 2010-05-28
    soldstatus $35,500 Sold
17. 2010-05-28
    soldstatus $35,500
18. 2010-05-15
    status Contingent (No Kick Out)
19. 2010-05-13
    historical
20. 2010-05-09
    listed $35,500 Active
21. 2010-05-09
    listed $35,500

ⓘ 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: $1,321 · $110/mo
• Projected year-2 tax: $1,321 · $110/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 8/10 Severe 7 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 18% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,596
• − Mortgage interest: −$9,915
• − Property taxes: −$1,321
• − Insurance: −$885
• − Repairs & maintenance: −$1,808
• − Management: −$1,808
• − HOA: −$2,520
• − Depreciation: −$5,149
• Taxable loss: −$810
• Est. tax savings @ 24.0%: +$194
• After-tax cash flow: $2,180/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

Amenities A+ Commute A+ Cost of living F Crime F Employment A+ Housing C Health & safety A+ User ratings C-

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): 63,380
• Household income: $58,296
• Rent vs Own: 58.2% rent · 41.8% own
• Severe rent burden: 5115.0

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 (87%)
• Race & ethnicity: Black 87% Hispanic / Latino 7% Two or more races 4% White 2%
• Hispanic origin (detail): Mexican 1% Dominican 1%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 6% 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: ▼ -416.91%
• Current HPI: 326.4481
• Rent YoY: ▲ 6.06%
• 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
▸Life Sciences / Industrials	1	$25B
▸Industrial Machinery	1	$8B

Price history

+398.6% since first listed

21 events — show timeline

• 2026-05-13 Pending — BRIGHT MLS
• 2026-05-04 Relisted — BRIGHT MLS
• 2026-04-09 Listing Removed — BRIGHT MLS
• 2026-03-21 Coming Soon $177,000 BRIGHT MLS
• 2025-05-10 Rental Removed $1,290 BUILDIUM
• 2025-05-03 Listed for Rent $1,290 BUILDIUM
• 2014-01-23 Sold (Public Records) $90,000 Public Records
• 2014-01-22 Delisted — MRIS
• 2014-01-16 Sold (MLS) $90,000 BRIGHT MLS
• 2014-01-16 Sold (MLS) $90,000 MRIS
• 2013-11-02 Pending — MRIS
• 2013-10-10 Contingent — MRIS
• 2013-10-07 Listing Removed — BRIGHT MLS
• 2013-10-04 Listed $84,900 MRIS
• 2013-10-04 Listed $84,900 BRIGHT MLS
• 2010-05-28 Sold (MLS) $35,500 BRIGHT MLS
• 2010-05-28 Sold (MLS) $35,500 MRIS
• 2010-05-15 Pending — MRIS
• 2010-05-13 Listing Removed — BRIGHT MLS
• 2010-05-09 Listed $35,500 MRIS
• 2010-05-09 Listed $35,500 BRIGHT MLS

Property tax history

-1.4%/yr

Latest (2025): $1,321 · +3.4% YoY. Source: county tax records.