1615 Mount Eagle PlAlexandriaVA22302
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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
Investment property for sale in Alexandria at 1615 Mount Eagle Pl, Alexandria, VA, 22302 offers a 8.58% rental yield on a $425,000 purchase with $3,037/mo rent. Total monthly income registers $3,037/mo, and a $2,080/mo payment leaves $497/mo available for distribution. Annual cash flow reaches $5,959/yr on $140,888 to close, and return on cash invested stands at 24.14% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 125.24% and total cumulative return in cash at $176,453. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,037/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1941
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22302, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,009 (100%) |
| Owner Occupied HU | 4,787 (47.8%) |
| Renter Occupied HU | 4,577 (45.7%) |
| Vacant Housing Units | 645 ( 6.4%) |
| Median Home Value | $752,417 |
| Average Home Value | $795,715 |
Housing Distribution
Address Breakdown
Residential
9,935
Single Family
4,979
Multi-Family
4,956
Businesses
444
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Listed by: Nora Partlow • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #VAAX2049974