1505 Baltimore RdAlexandriaVA22308
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 1505 Baltimore Rd, Alexandria, VA, 22308 in Alexandria worth modelling. At $799,000 with a 7.38% gross yield, the $4,914/mo rent leaves $138/mo after the $3,593/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.37 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $220,749 by year five; $7,359/yr in principal reduction adds further equity. Total projected return: $311,103.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 4.5% |
| Monthly Cash Flow | $138 | $1,850 |
City averages based on Alexandria market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,914 |
| Total Monthly Debt Service | $4,458 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
10,078 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22308, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,777 (100%) |
| Owner Occupied HU | 4,185 (87.6%) |
| Renter Occupied HU | 389 ( 8.1%) |
| Vacant Housing Units | 203 ( 4.2%) |
| Median Home Value | $912,549 |
| Average Home Value | $1,005,747 |
Housing Distribution
Address Breakdown
Residential
4,874
Single Family
4,873
Multi-Family
1
Businesses
64
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
Single Family
Built in 1952
10,078 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22308, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,777 (100%) |
| Owner Occupied HU | 4,185 (87.6%) |
| Renter Occupied HU | 389 ( 8.1%) |
| Vacant Housing Units | 203 ( 4.2%) |
| Median Home Value | $912,549 |
| Average Home Value | $1,005,747 |
Housing Distribution
Address Breakdown
Residential
4,874
Single Family
4,873
Multi-Family
1
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #VAFX2311336