2303 Farrington Ave #2-303AlexandriaVA22303
Nearby investment properties with comparable rents
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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 2303 Farrington Ave #2-303, Alexandria, VA, 22303 earns $1,448/mo cash flow from $2,657/mo rent with a $943/mo payment. Total monthly income totals $2,657/mo, and annual cash flow totals $17,377/yr on $63,847 capital. ROI tracks 47.13% on current figures, and rental yield reads 16.55% at a $192,600 purchase. Equity gained on principal adds $1,243/yr, and 5% annual appreciation supports $53,212 over five years. Five-year ROI reaches 248.98% and total cumulative return in cash sums $158,965. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,657/mo property income instead of your personal income.
Apartment
Built in N/A
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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A