304 N Alfred StAlexandriaVA22314
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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 304 N Alfred St, Alexandria, VA, 22314 offers a 8.38% rental yield on a $874,900 purchase with $6,110/mo rent. Total monthly income registers $6,110/mo, and a $4,282/mo payment leaves $880/mo available for distribution. Annual cash flow reaches $10,562/yr on $287,842 to close, and return on cash invested stands at 23.73% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,719 over five years. Portfolio math shows five-year ROI at 123.02% and total cumulative return in cash at $354,111. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,110/mo property income against a $4,282/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1850
931 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22314, Alexandria, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,331 (100%) |
| Owner Occupied HU | 9,049 (37.2%) |
| Renter Occupied HU | 12,678 (52.1%) |
| Vacant Housing Units | 2,604 (10.7%) |
| Median Home Value | $961,850 |
| Average Home Value | $1,048,390 |
Housing Distribution
Address Breakdown
Residential
23,746
Single Family
8,902
Multi-Family
14,844
Businesses
2,873
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Listed by: Erik Beall • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAAX2051308