2059 Huntington Ave APT 300AlexandriaVA22303
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2059 Huntington Ave APT 300, Alexandria, VA, 22303 in Alexandria deserves attention. This $195,500 property earns $1,844/mo in rent, a 11.32% gross yield, and nets $676/mo after the $879/mo payment. DSCR 2.10 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $54,013 compounds alongside $1,801/yr in yearly equity build, for a total cumulative return of $117,453.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 4.5% |
| Monthly Cash Flow | $676 | $1,850 |
City averages based on Alexandria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,844 |
| Total Monthly Debt Service | $1,091 |
| DSCR Ratio | 1.69x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22303, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,866 (100%) |
| Owner Occupied HU | 3,451 (38.9%) |
| Renter Occupied HU | 4,752 (53.6%) |
| Vacant Housing Units | 663 ( 7.5%) |
| Median Home Value | $671,682 |
| Average Home Value | $785,105 |
Housing Distribution
Address Breakdown
Residential
8,528
Single Family
3,234
Multi-Family
5,294
Businesses
279
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22303, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,866 (100%) |
| Owner Occupied HU | 3,451 (38.9%) |
| Renter Occupied HU | 4,752 (53.6%) |
| Vacant Housing Units | 663 ( 7.5%) |
| Median Home Value | $671,682 |
| Average Home Value | $785,105 |
Housing Distribution
Address Breakdown
Residential
8,528
Single Family
3,234
Multi-Family
5,294
Businesses
279
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Bell • Keller Williams Realty Dulles
Mls Name: Bright MLS
Mls ID: #VAFX2273394