181 E Reed Ave APT 206AlexandriaVA22305
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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 181 E Reed Ave APT 206, Alexandria, VA, 22305 earns $181/mo cash flow from $2,542/mo rent with a $1,933/mo payment. Total monthly income totals $2,542/mo, and annual cash flow totals $2,173/yr on $130,942 capital. ROI tracks 21.57% on current figures, and rental yield reads 7.72% at a $394,999 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 111.49% and total cumulative return in cash sums $145,986. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,542/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22305, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,036 (100%) |
| Owner Occupied HU | 2,650 (37.7%) |
| Renter Occupied HU | 4,043 (57.5%) |
| Vacant Housing Units | 343 ( 4.9%) |
| Median Home Value | $855,894 |
| Average Home Value | $944,787 |
Housing Distribution
Address Breakdown
Residential
7,497
Single Family
3,608
Multi-Family
3,889
Businesses
200
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Listed by: Jackie Eul • Samson Properties
Mls Name: Bright MLS
Mls ID: #VAAX2051482