24 E Bellefonte AveAlexandriaVA22301
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 24 E Bellefonte Ave, Alexandria, VA, 22301 in Alexandria. Rental yield 6.24%. The 1.16 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $424,092 and $14,137/yr in principal reduction project total return of $503,718.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 4.5% |
| Monthly Cash Flow | $(1,196) | $1,850 |
City averages based on Alexandria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,980 |
| Total Monthly Debt Service | $8,565 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1920
5,187 sqft 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
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
Single Family
Built in 1920
5,187 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Micki MacNaughton • Corcoran McEnearney
Mls Name: Bright MLS
Mls ID: #VAAX2049700