2904 Farm RdAlexandriaVA22302
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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 2904 Farm Rd, Alexandria, VA, 22302 listed at $1,250,000 pairs $4,650/mo rent with a $6,118/mo payment. Total monthly income runs $4,650/mo. Return on cash invested measures 12.01% in year one, and rental yield registers 4.46% at a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and annual property appreciation at 5% supports $345,352 by year five. Five-year ROI tracks 60.09% and total cumulative return in cash totals $243,361. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,650/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
8,775 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,935
Single Family
4,979
Multi-Family
4,956
Businesses
444
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Listed by: Micki MacNaughton • Corcoran McEnearney
Mls Name: Bright MLS
Mls ID: #VAAX2053280