2500 N Van Dorn St APT 817, Alexandria, VA, 22302 | $303/mo Cash Flow

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2500 N Van Dorn St APT 817, Alexandria, VA, 22302 | $303/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 817, Alexandria, VA, 22302 listed at $150,000 pairs $1,199/mo rent with a $734/mo payment to leave $303/mo cash flow. Total monthly income runs $1,199/mo, and annual cash flow reaches $3,630/yr on $49,725 cash to close. Return on cash invested measures 27.21% in year one, and rental yield registers 9.59% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 141.74% and total cumulative return in cash totals $70,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,199/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to your newly refreshed studio retreat! Freshly painted and featuring gleaming hardwood floors, this light-filled unit offers spectacular views and modern comfort. The newly updated kitchen is designed for both style and function, complete with granite countertops, shaker-style cabinets, a stylish backsplash, stainless steel appliances, and a gas rangeperfect for your next culinary creation. The inviting main room offers a practical, open layout thats ready to be shaped by your imaginationperfect for creating your ideal living, working, or entertaining space. The spacious walk-in closet with custom built-ins ensure you have plenty of space to stay organized, while the full bathroom showcases a beautiful tile surrounding and a larger vanity that maximizes the space. Park Place combines classic charm with modern amenities. The condo fee covers all utilitiesA/C, heat, water, swer, gas, fiber optic internet, electricity, and trash removal making living here both convenient and affordable. Residents also enjoy a fitness center, EV charging stations, community pool, meeting room, bike storage, laundry facilities on each floor, 24/7 concierge & security, a staffed lobby, monitored package delivery, and a pet friendly atmosphere. With a bus stop right at your doorstep and easy access to I-395, Washington D.C., shopping, and dining, this location cant be beat. Dont miss the opportunity to make this cozy, move-in-ready studio your new home!

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