2 Auburn Ct APT BAlexandriaVA22305
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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 2 Auburn Ct APT B, Alexandria, VA, 22305 offers a 8.81% rental yield on a $345,000 purchase with $2,534/mo rent. Total monthly income registers $2,534/mo, and a $1,689/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,655/yr on $114,368 to close, and return on cash invested stands at 24.85% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 129.1% and total cumulative return in cash at $147,652. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,534/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1939
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: Kathleen McDonald • Serhant
Mls Name: Bright MLS
Mls ID: #VAAX2053620