




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 118 S Ingram St, Alexandria, VA, 22304 priced at $550,000 converts $3,037/mo rent into after a $2,692/mo obligation. Total monthly income equals $3,037/mo. Return on cash invested prints 18.03% in year one, and rental yield reads 6.63% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 92.58% and total cumulative return in cash sums $167,518. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,037/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Multi Family
Built in 1954
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22304, Alexandria, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,314 (100%) |
| Owner Occupied HU | 9,329 (38.4%) |
| Renter Occupied HU | 13,537 (55.7%) |
| Vacant Housing Units | 1,448 ( 6.0%) |
| Median Home Value | $544,734 |
| Average Home Value | $667,328 |
Residential
24,318
Single Family
7,798
Multi-Family
16,520
Businesses
1,185
Date | Event | Price |
|---|---|---|
| 2025-05-09 | Sold | $550,000 |
| 2025-04-16 | Contingent | $550,000 |
| 2025-04-10 | Price change | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-11-01 | $5063.04 | 5.60% | $446,083 | 5.60% |
| 2024-11-01 | $4794.54 | 5.72% | $422,426 | 3.40% |
| 2023-11-01 | $4535.00 | 4.81% | $408,521 | 4.79% |



Listed by: Noah Fields • Long & Foster Real Estate, Inc.
Mls Name: Long & Foster Broker Feed
Mls Provider:
Mls ID: #VAAX2042682
Disclaimer: Listing information is deemed reliable, but not guaranteed.