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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 Alexandria at 110 E Spring St, Alexandria, VA, 22301 priced at $1,375,000 converts $5,316/mo rent into after a $6,730/mo obligation. Total monthly income equals $5,316/mo. Return on cash invested prints 12.43% in year one, and rental yield reads 4.64% against a $1,375,000 entry. Equity gained on principal adds $8,873/yr, while 5% annual appreciation compiles into $379,887 by year five. Five-year ROI reaches 62.43% and total cumulative return in cash sums $278,118. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,316/mo property income covering a $6,730/mo payment, not borrower’s personal income.
Single Family
Built in 1930
5,000 sqft lot
$N/A/sqft
No HOA
As you approach, a flagstone path leads to the welcoming front porch and entry, setting the tone before you even step inside. Upon entering, to your right, a formal living area flows into the dining space, which opens directly to a brand-new kitchen. Designed with both style and function in mind, the kitchen features quartz peninsula with waterfall edge that offers seating for three, complemented by tall white cabinetry, stainless steel appliances, and matching quartz countertops.
Also on the main level is a spacious primary suite with direct access to a private deckperfect for morning coffee or evening unwinding. The en-suite primary bath features double vanities, a large walk-in shower, and rain shower head that gives the space a spa-like feel.
The upper level features three additional bedrooms and a beautifully updated full bath.
Outside, the long driveway provides off-street parking for up to three cars, while the backyard offers privacy, lush green views, and space to relax, garden, or entertain.
UPGRADES: all renovations were completed in June 2025: New Roof; new kitchen & baths; new appliances; new windows; new HVAC system; new floors; light & plumbing fixtures; new flagstone path and front porch; new decks; and more!
LOCATION: Del Ray is often described as where Main Street still exists. This neighborhood is known for its mix of historic charming architecture and friendly laid-back vibe. Mount Vernon Avenue serves as the heart of the areaa walkable stretch lined with locally owned cafs, shops, yoga studios, restaurants, and art galleries. Throughout the year, community events like First Thursdays, Art on the Avenue, and the Del Ray Farmers Market bring neighbors together and give the area its unmistakable village feel.
In addition, this neighborhood offers offers easy access to Braddock Metro Station, Potomac Yard, Route 1, I-395, and the GW Parkway, as well as Old Town Alexandria, Pentagon City, National Landing, and Reagan National Airport.
Neighborhood data shown for ZIP Code: 22301, Alexandria, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,685 (100%) |
| Owner Occupied HU | 4,090 (53.2%) |
| Renter Occupied HU | 2,740 (35.7%) |
| Vacant Housing Units | 855 (11.1%) |
| Median Home Value | $1,016,075 |
| Average Home Value | $1,118,677 |
Residential
6,777
Single Family
4,622
Multi-Family
2,155
Businesses
304
Date | Event | Price |
|---|---|---|
| 2025-08-28 | Price change | $1,375,000 |
| 2025-07-25 | Price change | $1,395,000 |
| 2025-07-12 | Listed for sale | $1,425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-08-28 | $11503.51 | 6.60% | $1,013,525 | 6.60% |
| 2024-08-28 | $10790.93 | 2.25% | $950,743 | N/A |
| 2023-08-28 | $10553.00 | 2.68% | $950,743 | 2.68% |
Listed by: Natasha Lingle • KW Metro Center
Mls Name: Bright MLS
Mls Provider:
Mls ID: #VAAX2049092
Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc. [Click here for more information](/mls-disclaimers/#5632)
