1804 W Abingdon Dr APT 201, Alexandria, VA, 22314 | $741/mo Cash Flow

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1804 W Abingdon Dr APT 201, Alexandria, VA, 22314 | $741/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 1804 W Abingdon Dr APT 201, Alexandria, VA, 22314 generates $2,534/mo in rent and, after a $1,468/mo payment, leaves $741/mo in cash flow. Total monthly income is $2,534/mo, and annual cash flow is $8,893/yr on $99,417 invested. Return on cash invested sits at 28.85% in year one, and rental yield is 10.14% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 150.57% and total cumulative return in cash sums $149,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,534/mo property income rather than buyer’s personal income.

Condo

Built in 1942

N/A lot

$N/A/sqft

No HOA

More details about the property

**1 Bedroom 1 Bathroom Top-Floor Condo** Welcome to this fully renovated, move-in-ready condo in the highly sought-after Potowmack Crossing community of North Old Town Alexandria. This bright and stylish top-floor unit has been upgraded from top to bottom, offering comfort, convenience, and quality finishes throughout. ***Step inside to new high-end laminate flooring, brand-new kitchen cabinets, new stainless-steel appliances, updated lighting, and a completely renovated bathroom. Newly installed windows bring in excellent natural light while improving energy efficiency. The layout is open, functional, and perfect for everyday living. ***Located just minutes from Old Town Alexandria, the Potomac River, Reagan National Airport, Amazon HQ2, and major commuting routes into Washington, D.C., this condo delivers unmatched access and lifestyle convenience. The neighborhood is walkable and transit-friendly, with easy access to shopping, restaurants, bike paths, and Metro options. ***Whether youre a first-time buyer, downsizing, or looking for a strong investment property, this unit checks every box. Highlights: Fully renovated throughout New laminate flooring New kitchen cabinets + stainless appliances New lighting fixtures Newly renovated bathroom New windows Top-floor, quiet unit Premier North Old Town location Easy access to DC, National Landing, Metro, and major highways Strong rental and resale market ***Dont miss this turnkey home in one of Alexandrias most desirable communities.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22314, Alexandria, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,331 (100%)
Owner Occupied HU	9,049 (37.2%)
Renter Occupied HU	12,678 (52.1%)
Vacant Housing Units	2,604 (10.7%)
Median Home Value	$961,850
Average Home Value	$1,048,390