2451 Midtown Ave APT 1413, Alexandria, VA, 22302 | $585/mo Cash Flow

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2451 Midtown Ave APT 1413, Alexandria, VA, 22302 | $585/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Alexandria at 2451 Midtown Ave APT 1413, Alexandria, VA, 22302 earns $585/mo cash flow from $2,468/mo rent with a $1,542/mo payment. Total monthly income totals $2,468/mo, and annual cash flow totals $7,017/yr on $104,423 capital. ROI tracks 26.63% on current figures, and rental yield reads 9.4% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 138.6% and total cumulative return in cash sums $144,725. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,468/mo property income instead of your personal income.

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Unit 1413 at Midtown Alexandria Station a bright, freshly painted, high-floor 1BR condo thats truly move-in ready. This home features a well-designed kitchen with stainless steel appliances, a gas stove, great counter space, stylish cabinetry, pendant lighting, recessed lights, and the convenience of an in-unit washer and dryer. The bedroom offers a generous closet, and the full bath has been tastefully updated. The location is hard to beat. With the Huntington Metro (Yellow Line) right across the street, commuting is effortless. Youre just minutes from Old Town Alexandria, I-495, National Harbor, Amazon HQ2, and Reagan National Airport plus Wegmans, shops, restaurants, and everyday essentials are all close by. Midtown Alexandria Station also offers fantastic amenities, including a rooftop pool, fitness center, clubroom, and 24/7 concierge. Its a comfortable, well-appointed home in an exceptional location come see it for yourself!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22302, Alexandria, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,009 (100%)
Owner Occupied HU	4,787 (47.8%)
Renter Occupied HU	4,577 (45.7%)
Vacant Housing Units	645 ( 6.4%)
Median Home Value	$752,417
Average Home Value	$795,715