307 Yoakum Pkwy APT 802AlexandriaVA22304
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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 307 Yoakum Pkwy APT 802, Alexandria, VA, 22304 offers a 8.96% rental yield on a $259,000 purchase with $1,933/mo rent. Total monthly income registers $1,933/mo, and a $1,268/mo payment leaves $384/mo available for distribution. Annual cash flow reaches $4,613/yr on $85,859 to close, and return on cash invested stands at 25.28% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 131.41% and total cumulative return in cash at $112,828. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,933/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
24,318
Single Family
7,798
Multi-Family
16,520
Businesses
1,185
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Listed by: DANNY LEUNG • Century 21 Redwood Realty
Mls Name: Bright MLS
Mls ID: #VAAX2053356