307 Yoakum Pkwy APT 609, Alexandria, VA, 22304 | $361/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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307 Yoakum Pkwy APT 609, Alexandria, VA, 22304 | $361/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 307 Yoakum Pkwy APT 609, Alexandria, VA, 22304 uses $129,948 cash to close to unlock $4,336/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $2,705/mo, and a $1,919/mo payment keeps the spread at $361/mo. Purchase price stands at $392,000, and rental yield measures 8.28% with $2,705/mo rent. Return on cash invested shows 23.25% in year one, and 5% annual appreciation builds toward $108,302 over five years. Five-year ROI reaches 120.48% and total cumulative return in cash records $156,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,705/mo property income covering a $1,919/mo payment rather than investor’s personal income.

Condo

Built in 1977

N/A lot

$N/A/sqft

No HOA

More details about the property

Features include stainless steel appliances, Granite counter tops, Upgraded kitchen cabinets, front loading washer & dryer. New Closet in bedroom, ALL utilities included in fees!! Experience luxury resort style living in the heart of the city. Well-kept grounds, activity center, pools (indoor/outdoor/lap), Pickleball /tennis courts, fitness center, hot tub, sauna, playgrounds, convenience store, beauty shop...the amenities are endless! COMMUTING convenience is steps away with a metro stop outside the gate and a courtesy shuttle bus to the Van Dorn Metro! Located in close proximity to the Pentagon, Reagan Airport, Downtown DC.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22304, Alexandria, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,314 (100%)
Owner Occupied HU	9,329 (38.4%)
Renter Occupied HU	13,537 (55.7%)
Vacant Housing Units	1,448 ( 6.0%)
Median Home Value	$544,734
Average Home Value	$667,328