1503 Russell RdAlexandriaVA22301
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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
Rental property for sale in Alexandria at 1503 Russell Rd, Alexandria, VA, 22301 generates $7,980/mo in rent, after a $9,334/mo payment. Total monthly income is $7,980/mo. Return on cash invested sits at 13.73% in year one, and rental yield is 5.02% on a $1,907,000 entry. Equity gained on principal adds $12,306/yr, while 5% annual appreciation builds toward $526,869 over five years. Five-year ROI reaches 69.32% and total cumulative return in cash sums $428,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22301, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,685 (100%) |
| Owner Occupied HU | 4,090 (53.2%) |
| Renter Occupied HU | 2,740 (35.7%) |
| Vacant Housing Units | 855 (11.1%) |
| Median Home Value | $1,016,075 |
| Average Home Value | $1,118,677 |
Housing Distribution
Address Breakdown
Residential
6,777
Single Family
4,622
Multi-Family
2,155
Businesses
304
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Listed by: Sally Harper • Corcoran McEnearney
Mls Name: Bright MLS
Mls ID: #VAAX2048812