2059 Huntington Ave APT 612, Alexandria, VA, 22303 | $807/mo Cash Flow

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2059 Huntington Ave APT 612, Alexandria, VA, 22303 | $807/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Alexandria at 2059 Huntington Ave APT 612, Alexandria, VA, 22303 offers a 11.78% rental yield on a $210,000 purchase with $2,062/mo rent. Total monthly income registers $2,062/mo, and a $1,028/mo payment leaves $807/mo available for distribution. Annual cash flow reaches $9,678/yr on $69,615 to close, and return on cash invested stands at 33.81% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 177.14% and total cumulative return in cash at $123,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,062/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1972

N/A lot

$N/A/sqft

No HOA

More details about the property

Whether you're looking to purchase your first home or it's time to downsize, this is the perfect place to call home. This would also work well as an investment rental. The renter who just moved out was there for over 20 years. You always hear people say "location, location, location" well, this is what they mean. The property is located minutes away from metro and Regan National Airport. This unit is located on the 6th floor and overlooks the tennis courts and the outdoor pool. You can enjoy the skyline views from the balcony too. It appears there is ample parking for cars and there is also special parking for just for motorcycles. Come and view this condo and see all the amenities it has to offer.

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