








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Alexandria at 2 Canterbury Sq APT 101, Alexandria, VA, 22304 listed at $208,000 pairs $2,152/mo rent with a $1,018/mo payment to leave $383/mo cash flow. Total monthly income runs $2,152/mo, and annual cash flow reaches $4,602/yr on $68,952 cash to close. Return on cash invested measures 26.58% in year one, and rental yield registers 12.42% at a $208,000 basis. Equity gained on principal adds $1,342/yr, and annual property appreciation at 5% supports $57,467 by year five. Five-year ROI tracks 141.68% and total cumulative return in cash totals $97,692. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,152/mo property income relative to a $1,018/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22304, Alexandria, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,314 (100%) |
| Owner Occupied HU | 9,329 (38.4%) |
| Renter Occupied HU | 13,537 (55.7%) |
| Vacant Housing Units | 1,448 ( 6.0%) |
| Median Home Value | $544,734 |
| Average Home Value | $667,328 |
Residential
24,318
Single Family
7,798
Multi-Family
16,520
Businesses
1,185
Date | Event | Price |
|---|---|---|
| 2024-12-17 | Sold | $208,000 |
| 2024-11-13 | Pending sale | $205,900 |
| 2024-11-06 | Price change | $205,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-11-01 | $2087.25 | 2.50% | $183,899 | 2.50% |
| 2024-11-01 | $2036.35 | 10.67% | $179,414 | 8.26% |
| 2023-11-01 | $1840.00 | 2.00% | $165,729 | 2.00% |



Listed by: Jorge Alvarez • First Decision Realty LLC
Mls Name: Bright MLS
Mls Provider:
Mls ID: #VAAX2038438
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