2209 Richmond Hwy UNIT 102AlexandriaVA22301
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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 2209 Richmond Hwy UNIT 102, Alexandria, VA, 22301 listed at $990,000 pairs $6,077/mo rent with a $4,846/mo payment to leave $159/mo cash flow. Total monthly income runs $6,077/mo, and annual cash flow reaches $1,902/yr on $325,710 cash to close. Return on cash invested measures 20.64% in year one, and rental yield registers 7.37% at a $990,000 basis. Equity gained on principal adds $6,388/yr, and annual property appreciation at 5% supports $273,519 by year five. Five-year ROI tracks 106.47% and total cumulative return in cash totals $346,796. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,077/mo property income relative to a $4,846/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22301, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,685 (100%) |
| Owner Occupied HU | 4,090 (53.2%) |
| Renter Occupied HU | 2,740 (35.7%) |
| Vacant Housing Units | 855 (11.1%) |
| Median Home Value | $1,016,075 |
| Average Home Value | $1,118,677 |
Housing Distribution
Address Breakdown
Residential
6,777
Single Family
4,622
Multi-Family
2,155
Businesses
304
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A