2451 Midtown Ave APT 1611, Alexandria, VA, 22303 | 6.52% Rental Yield

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2451 Midtown Ave APT 1611, Alexandria, VA, 22303 | 6.52% Rental Yield | Ziffy

For Sale

Listed for sale 4 days ago

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 1611, Alexandria, VA, 22303 earns from $2,256/mo rent with a $2,031/mo payment. Total monthly income totals $2,256/mo. ROI tracks 17.95% on current figures, and rental yield reads 6.52% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 92.07% and total cumulative return in cash sums $126,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,256/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 2451 Midtown Ave #1611, Alexandria, VA! This stunning top-floor condo features 1 bedroom plus a den and 1 beautifully appointed bathroom. Perfectly positioned across from the Huntington Metro (Yellow Line), this home offers exceptional convenience, panoramic views, and a peaceful elevated setting. Inside, enjoy elegant finishes throughout, including sleek countertops, stainless steel appliances, and beautiful flooring. Garage parking and additional storage are included for your comfort and organization. Midtown Alexandria Station is a premier 5-star condominium community built in 2007 with quality concrete and steel construction. Residents enjoy resort-style amenities such as a rooftop pool, spa, tiki bar, expansive sundeck, two party lounges, a state-of-the-art fitness center with cardio, strength, and yoga/massage rooms, a guest suite available with fee, and 24/7 concierge with onsite management. The low condo fee covers water, sewer, trash, and amenitiesowners pay only their individually metered electric and a modest gas bill. Unbeatable location with immediate access to Old Town Alexandria, the Carlyle/Hoffman District (Wegmans, AMC, Atlas Brew Works, Andys Pizza), the Pentagon, Downtown DC, Reagan National Airport, Fort Belvoir, Quantico, Andrews AFB, and just two stoplights to I-495.

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