








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Alexandria at 1704 Cool Spring Dr, Alexandria, VA, 22308 generates $4,075/mo in rent, after a $3,621/mo payment. Total monthly income is $4,075/mo. Return on cash invested sits at 18.35% in year one, and rental yield is 6.61% on a $739,900 entry. Equity gained on principal adds $4,774/yr, while 5% annual appreciation builds toward $204,421 over five years. Five-year ROI reaches 94.16% and total cumulative return in cash sums $229,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,075/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22308, Alexandria, VA area.
| 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 |
Residential
4,874
Single Family
4,873
Multi-Family
1
Businesses
64
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Boyd Grainger • Pearson Smith Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAFX2262740