1251 E Abingdon Dr APT 1123, Alexandria, VA, 22314 | $387/mo Cash Flow

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1251 E Abingdon Dr APT 1123, Alexandria, VA, 22314 | $387/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 1251 E Abingdon Dr APT 1123, Alexandria, VA, 22314 listed at $313,100 pairs $2,258/mo rent with a $1,532/mo payment to leave $387/mo cash flow. Total monthly income runs $2,258/mo, and annual cash flow reaches $4,642/yr on $103,793 cash to close. Return on cash invested measures 24.38% in year one, and rental yield registers 8.65% at a $313,100 basis. Equity gained on principal adds $2,020/yr, and annual property appreciation at 5% supports $86,504 by year five. Five-year ROI tracks 126.54% and total cumulative return in cash totals $131,337. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,258/mo property income relative to a $1,532/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1940

N/A lot

$N/A/sqft

No HOA

More details about the property

This prime location is in the desirable Riverton Condo Community within walking distance of grocery stores, restaurants, and the vibrant attractions of Old Town Alexandria. It is only one stoplight from driving downtown D.C., on the George Washington Parkway. Located conveniently on the Alexandria DASH bus line (34), directly to Potomac Yard Metro Station, and also on the Metro Express Bus F19 line, directly to downtown D.C., and only a short distance from Reagan National Airport. The unit was completely upgraded and renovated with Brazilian cherry hardwood floors, high ceilings, and an upgraded kitchen with stainless steel appliances, including a combination washer and dryer. The kitchen has abundant maple cabinetry, granite countertops, and a breakfast bar. The hardwood floor flows from the entryway, living room, kitchen, through to the spacious bedroom, which features extra closet space with a custom modular closet and ample storage space in three additional closets. The home is a corner unit with multiple windows for significant natural lighting and is on the quiet third floor with only one common wall with neighbors and without overhead occupants. It is located at the treetop level for added bedroom privacy. Riverton is pet-friendly and includes community amenities of a swimming pool, exercise equipment workout room, bike storage, and reserved off-street parking. It is also conveniently located adjacent to the Potomac River jogging/bike path. Riverton provides water, and central heating and air conditioning are the only electric utilities, averaging $25.00 per month. This charming unit with an inviting ambiance that exudes warmth and comfort for gracious entertaining is a unique opportunity in an advantageous location.

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