2500 N Van Dorn St APT 406, Alexandria, VA, 22302 | $147/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2500 N Van Dorn St APT 406, Alexandria, VA, 22302 | $147/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 2500 N Van Dorn St APT 406, Alexandria, VA, 22302 uses $66,300 cash to close to unlock $1,768/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,343/mo, and a $979/mo payment keeps the spread at $147/mo. Purchase price stands at $200,000, and rental yield measures 8.06% with $1,343/mo rent. Return on cash invested shows 22.58% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 116.92% and total cumulative return in cash records $77,516. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,343/mo property income covering a $979/mo payment rather than investor’s personal income.

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Chic 1-Bedroom Condo in Sought-After Park Place Pool Views & Top-Tier Amenities! Welcome to Park Place in Alexandria one of the area's most desirable communities! This spacious 1-bedroom, 1-bath condo offers comfort, convenience, and stunning views overlooking the community pool. Step into a bright, open living space perfect for relaxing or entertaining. The generously sized bedroom includes ample closet space, while the bathroom features updated finishes. Enjoy your morning coffee or evening unwind on your private balcony with a tranquil pool view. Park Place offers amenities galore, including a 24-hour concierge, fitness center, party room, outdoor pool, and ample parking. Condo fee includes all utilities! Located just minutes from I-395, Metro, Old Town Alexandria, Shirlington Village, and Washington, D.C., this home is ideal for commuters and city lovers alike. Dont miss your chance to own in this vibrant, amenity-rich community!

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