1409 E Abingdon Dr APT 4, Alexandria, VA, 22314 | $803/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1409 E Abingdon Dr APT 4, Alexandria, VA, 22314 | $803/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 1409 E Abingdon Dr APT 4, Alexandria, VA, 22314 uses $99,417 cash to close to unlock $9,637/yr annual cash flow and $803/mo monthly cash flow. Total monthly income runs $2,596/mo, and a $1,468/mo payment keeps the spread at $803/mo. Purchase price stands at $299,900, and rental yield measures 10.39% with $2,596/mo rent. Return on cash invested shows 29.6% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 154.59% and total cumulative return in cash records $153,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,596/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Condo

Built in 1944

N/A lot

$N/A/sqft

No HOA

More details about the property

** Seller to Cover First 6 Months of Condo Fees at Settlement! ** Welcome to the perfect mix of charm, comfort, and convenience in the heart of North Old Town Alexandria. This beautifully maintained 1-bedroom, 1-bathroom condo offers a thoughtfully updated interior, including a fully renovated bathroom and a private balconyperfect for morning coffee or evening relaxation. Enjoy added value with a dedicated storage unit and access to a well-equipped fitness center and community room, located just behind Building 1303. The community also features gazebos, grilling stations, and bike racks, with the scenic Mount Vernon Trail right outside your doorideal for walking, jogging, or biking. This home includes two unassigned parking spaces with permits, so parking is always easy. The condo fee conveniently covers water and trash. All of this, just steps from Trader Joes, local boutiques, dining, and the picturesque Old Town waterfront. Dont miss this opportunity to own in one of Alexandrias most desirable neighborhoods!

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