1752 Preston RdAlexandriaVA22302
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 1752 Preston Rd, Alexandria, VA, 22302 in Alexandria delivers $2,641/mo in gross rent and $609/mo in net monthly income at a $340,000 entry. The 9.32% yield and 1.73 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $93,936 over five years and $3,131/yr in equity from loan paydown, total projected return is $167,771.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 4.5% |
| Monthly Cash Flow | $609 | $1,850 |
City averages based on Alexandria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,641 |
| Total Monthly Debt Service | $1,897 |
| DSCR Ratio | 1.39x |
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.
Condo
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
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
Condo
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Craddock • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAAX2048644