203 Yoakum Pkwy APT 519, Alexandria, VA, 22304 | $882/mo Cash Flow

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203 Yoakum Pkwy APT 519, Alexandria, VA, 22304 | $882/mo Cash Flow | Ziffy

For Sale

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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 203 Yoakum Pkwy APT 519, Alexandria, VA, 22304 generates $2,705/mo in rent and, after a $1,493/mo payment, leaves $882/mo in cash flow. Total monthly income is $2,705/mo, and annual cash flow is $10,579/yr on $101,108 invested. Return on cash invested sits at 30.37% in year one, and rental yield is 10.64% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 158.69% and total cumulative return in cash sums $160,450. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,705/mo property income rather than buyer’s personal income.

Condo

Built in 1975

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the Watergate at Landmark, where modern living meets resort-style amenities inside the Beltway. This meticulously updated unit invites you into a home that seamlessly blends contemporary features with stylish renovations, creating a welcoming and comfortable living space. Key Features: **Newer HVAC System (2020): **Freshly Painted Interior (2025) ** **New Cook Top and Fridge(2025):** **Elegant Kitchen with Stainless Steel Appliances:** The unit also includes a washer and dryer (2025). **The CONDO FEES COVERS ALL UTILITIES except cable and internet. The Watergate at Landmark community offers an impressive array of amenities: - Pet-friendly areas - Outdoor tennis courts - Indoor/outdoor pools - Racquetball and pickleball courts - Basketball courts - Playground - Billiards room - Ping pong tables - Air hockey table - Gazebos & BBQ areas - Golf practice room - Private party room - Card room - TV room - Hot tub jacuzzi - Jogging/walking trails - Dry sauna Additional conveniences include an onsite supermarket and free shuttle service to the Van Dorn Metro Station and local shopping areas. With easy access to major highways (395 and 495), commuting is a breeze. The location is strategically situated, offering short distances to the Pentagon, Amazon HQ2, Ronald Reagan National Airport, Old Town Alexandria, National Landing, and Washington, DC. Don't miss the opportunity to make this condo your home. Schedule a viewing today and experience the best of modern living in the heart of Watergate at Landmark!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22304, Alexandria, VA area.

Housing Distribution

Housing Statistics

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