2239 Farrington Ave #5-101AlexandriaVA22303
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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 2239 Farrington Ave #5-101, Alexandria, VA, 22303 earns $306/mo cash flow from $1,501/mo rent with a $978/mo payment. Total monthly income totals $1,501/mo, and annual cash flow totals $3,677/yr on $66,267 capital. ROI tracks 25.46% on current figures, and rental yield reads 9.01% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 132.36% and total cumulative return in cash sums $87,709. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,501/mo property income instead of your personal income.
Condo
Built in 1950
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
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Listed by: Mike Putnam • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAFX2284446