2402 Parkers LnAlexandriaVA22306
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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 2402 Parkers Ln, Alexandria, VA, 22306 earns $1,272/mo cash flow from $5,008/mo rent with a $3,059/mo payment. Total monthly income totals $5,008/mo, and annual cash flow totals $15,263/yr on $205,625 capital. ROI tracks 27.48% on current figures, and rental yield reads 9.62% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 143.14% and total cumulative return in cash sums $294,325. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,008/mo property income instead of your personal income.
Single Family
Built in 1968
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22306, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,506 (100%) |
| Owner Occupied HU | 5,961 (47.7%) |
| Renter Occupied HU | 5,771 (46.1%) |
| Vacant Housing Units | 774 ( 6.2%) |
| Median Home Value | $663,877 |
| Average Home Value | $661,365 |
Housing Distribution
Address Breakdown
Residential
12,416
Single Family
6,729
Multi-Family
5,687
Businesses
638
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Listed by: Christopher Logan • RE/MAX Allegiance
Mls Name: Bright MLS
Mls ID: #VAFX2272680