Real Estate Investing in Washington, District of Columbia (20002)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 20002 (Washington, DC)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -2.9% 5-year CAGR — values have moved lower.
- Elevated vacancy: 10.6% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Washington, DC (20002)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 20002 Washington
ZIP 20002 in Washington, DC carries a sturdy set of headwinds. Home values near $613K and rents of $2,446/mo sit inside a market where underwriting has to be tight.
The investment case in 20002 is healthy only for operators who understand what they are buying. A $613K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within DC, ZIP 20002 trails on several market indicators that neighboring District of Columbia submarkets outperform. The gap is real and impressive enough to shape underwriting.
The demographic picture in 20002 includes headwinds that any investor should price in. Income distribution skews lower than Washington averages, and tenant stability requires active management.
The right play in 20002 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Washington:
Property Strategy for 20002
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $371,362 | $2,220 | 4.3% | -1.1% | $371,362 |
| 2BR | $549,717 | $2,480 | 3.2% | -1.2% | $274,859 |
| 3BR | $715,035 | $3,130 | 3.2% | -1.3% | $238,345 |
| 4BR | $909,912 | $3,680 | 2.9% | -0.4% | $227,478 |
| 5BR | $1,113,788 | — | — | +0.0% | $222,758 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 20002 Compare?
| Metric | 20002 | Washington | District of Columbia |
|---|---|---|---|
| Home Value | $612,649 | $252,600 | $579,156 |
| 5-Year CAGR | N/A | N/A | N/A |
| Avg Rent | $2,446 | $2,416 | - |
| Cap Rate | 3.1% | 3.5% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 20002 (Washington, DC). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 20002 (Washington, DC)?
~25 seconds · no account needed · your report is anonymous
Property managers serving District of Columbia County
Manage rentals here? List your business →Columbia Property Management provides property management services in Washington, DC, focusing on care, compassion, reliability, consistency, and high-quality service. summary from their website
EASE Property Services provides property services. summary from their website
Real Property Management DC Metro offers property management services in Washington DC. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $612,649 |
| Monthly Rent | $2,446 |
| Price-to-Rent | 20.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 0.2% |
📈 Home Appreciation
| 1-Year | -0.6% ▼ |
| 3-Year CAGR | -3.1% ▼ |
| 5-Year CAGR | -2.9% ▼ |
| 10-Year CAGR | +1.0% ▲ |
🏠 Rent Trends
| 1-Year | -2.7% ▼ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +1.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 20002
Population: 70,580
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 20002
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What do rentals go for in Washington, DC?
Investors in Washington, DC typically see rents near $2,446/mo per month against $613K home values - a solid setup for rental cash flow.
Are homes affordable in Washington, DC?
Median home price in Washington, DC is near $613K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Is Washington, DC a smart market for rental property?
Washington, DC scores 2.0/5 for investability. Home values sit at $613K and rents near $2,446/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Can I house hack in Washington, DC?
House hacking in Washington, DC is reasonable to execute. Prices around $613K and rents of $2,446/mo solid owner-occupant economics.
Do rentals sit vacant long in Washington, DC?
Washington, DC carries elevated vacancy risk. Expect even-keeled absorption at market rents of $2,446/mo.
You know 20002 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 20002 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 20002 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 20002 (Washington)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 20002 (Washington, DC).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.