1303 Belle View Blvd APT B1AlexandriaVA22307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Alexandria at 1303 Belle View Blvd APT B1, Alexandria, VA, 22307 offers a 9.37% rental yield on a $315,000 purchase with $2,459/mo rent. Total monthly income registers $2,459/mo, and a $1,542/mo payment leaves $576/mo available for distribution. Annual cash flow reaches $6,909/yr on $104,423 to close, and return on cash invested stands at 26.53% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 138.04% and total cumulative return in cash at $144,149. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,459/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1950
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,688
Single Family
3,127
Multi-Family
1,561
Businesses
190
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacy Martin • Keller Williams Realty/Lee Beaver & Assoc.
Mls Name: Bright MLS
Mls ID: #VAFX2235408