1107 Belle View Blvd APT A1, Alexandria, VA, 22307 | $293/mo Cash Flow

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1107 Belle View Blvd APT A1, Alexandria, VA, 22307 | $293/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Alexandria at 1107 Belle View Blvd APT A1, Alexandria, VA, 22307 listed at $367,500 pairs $2,490/mo rent with a $1,799/mo payment to leave $293/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $3,514/yr on $121,826 cash to close. Return on cash invested measures 22.79% in year one, and rental yield registers 8.13% at a $367,500 basis. Equity gained on principal adds $2,371/yr, and annual property appreciation at 5% supports $101,533 by year five. Five-year ROI tracks 118.02% and total cumulative return in cash totals $143,784. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,799/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1950

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully renovated charming first floor two bedroom condo, with designer accents throughout! Sunlight streams through the windows front to back making this unit bright and cheerful! Gorgeous Duchateau 7 inch wide hardwood floors, new windows, new kitchen with beautiful white cabinets and stainless steel appliances, sparkling black and white checkerboard tile floor add glamour and style to this beautifully renovated condo! The state of the art bathroom has been renovated as an open plan walk in shower style with gleaming tile work and fittings by Restoration Hardware. The primary bedroom is spacious and airy and the second bedroom is an ideal home office or guest bedroom. The living room is open and sunny and overlooks the boulevard while the dining room overlooks the parkland area behind the building with back to front air flowing freely through the newer windows! There is direct access to the bike trail to Mount Vernon and DC and easy access to Belle Haven Marina. It is an easy commute to Old Town, the Airport and DC from this delightful condo, located in this vibrant community. Belle View shopping center, with its cafes, shops and restaurants, post office and pharmacy is very walkable and the completely reimagined Mount Vernon Recreation Center is now Open. This condo comes with a spacious storage unit and laundry facilities in the adjacent building, just a few steps away from your front door. Amongst the many upgrades in this lovely apartment, the owners have installed high end recessed lighting with a Lutron smart lighting and thermostat system with remote access through the Lutron app, providing comfort, efficiency and peace of mind. Belle View is a truly accessible and wonderful place to live with all of the amenities at your doorstep!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22307, Alexandria, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,582 (100%)
Owner Occupied HU	3,415 (74.5%)
Renter Occupied HU	901 (19.7%)
Vacant Housing Units	266 ( 5.8%)
Median Home Value	$867,127
Average Home Value	$914,118