309 Yoakum Pkwy APT 314AlexandriaVA22304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 309 Yoakum Pkwy APT 314, Alexandria, VA, 22304 earns $667/mo cash flow from $2,759/mo rent with a $1,713/mo payment. Total monthly income totals $2,759/mo, and annual cash flow totals $8,002/yr on $116,025 capital. ROI tracks 26.81% on current figures, and rental yield reads 9.46% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 139.55% and total cumulative return in cash sums $161,918. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,759/mo property income instead of your personal income.
Condo
Built in 1979
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Day • Jobin Realty
Mls Name: Bright MLS
Mls ID: #VAAX2053248