1752 Preston Rd, Alexandria, VA, 22302 | $609/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1752 Preston Rd, Alexandria, VA, 22302 | $609/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Alexandria at 1752 Preston Rd, Alexandria, VA, 22302 generates $2,641/mo in rent and, after a $1,664/mo payment, leaves $609/mo in cash flow. Total monthly income is $2,641/mo, and annual cash flow is $7,304/yr on $112,710 invested. Return on cash invested sits at 26.39% in year one, and rental yield is 9.32% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 137.32% and total cumulative return in cash sums $154,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,641/mo property income rather than buyer’s personal income.

Condo

Built in 1941

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to your new beautifully updated 1 bedroom, 1 bathroom condoperfect for anyone seeking low-maintenance living in a vibrant, nature filled & walkable community! Wake up to peaceful views of nothing but nature and lush green spacepure tranquility right outside your window. Step out to your own beautiful private brick patio enclosed by greenery; an inviting retreat for your morning coffee, evening unwind or summer dinner parties al fresco! Freshly painted and full of natural light, this home offers a warm, spacious living room that flows seamlessly into the dining area and modern kitchen with sleek cabinetry. The open-concept design creates a light, airy feel & comes with a newly refreshed bathroom. This home's panoramic green views & serene setting is perfect for the nature lover! Not to mention your own in unit laundry area with extra storage! Adding even more convenience, this condo also comes with a spacious 42x57 storage unit located a seconds walk awayideal for bikes, seasonal items, or all the extras you want to keep organized and out of sight. The Parkfairfax community is a commuters dream nestled in a quiet lush, park-like setting just seconds from I-395. This pet-friendly community offers unbeatable access to Washington, DC (only 6 miles away), the Pentagon, Amazon HQ2, Old Town Alexandria, Del Ray, Reagan National Airport, and more. Public transportation is right outside your door, including a direct bus to the Pentagon, making commuting a breeze. Residents love the vibrant neighborhood lifestyle; a short stroll across the footbridge takes you to Shirlington's shops, restaurants, theaters, and everyday conveniences. Parkfairfax offers a wide array of amenities including three swimming pools, a fitness center, tennis, pickleball, volleyball and basketball courts, tot lots, and scenic walking paths. The condo fee includes gas, water, sewer, trash, lawn care, snow removal, building insurance, and all community amenitiesoffering incredible value in a truly charming, connected, and active community.

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