1250 S Washington St UNIT 124AlexandriaVA22314
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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
Investment Highlights
Total monthly income runs $4,922/mo, and a $4,772/mo payment. Purchase price stands at $975,000, and rental yield measures 6.06% with $4,922/mo rent. Return on cash invested shows 16.67% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 85.16% and total cumulative return in cash records $273,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,922/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22314, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,331 (100%) |
| Owner Occupied HU | 9,049 (37.2%) |
| Renter Occupied HU | 12,678 (52.1%) |
| Vacant Housing Units | 2,604 (10.7%) |
| Median Home Value | $961,850 |
| Average Home Value | $1,048,390 |
Housing Distribution
Address Breakdown
Residential
23,746
Single Family
8,902
Multi-Family
14,844
Businesses
2,873
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Listed by: Mr. Peter Crouch • Corcoran McEnearney
Mls Name: Bright MLS
Mls ID: #VAAX2048928