3101 Hampton Dr #1005AlexandriaVA22302
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 3101 Hampton Dr #1005, Alexandria, VA, 22302 in Alexandria is the 1.77 coverage ratio: rent of $2,461/mo versus a $1,394/mo debt payment on a $310,000 property. Rental yield 9.53%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $85,647 by year five, with $2,855/yr in equity from paydown. Total projected cumulative return: $156,420.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 4.5% |
| Monthly Cash Flow | $(39) | $1,850 |
City averages based on Alexandria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,461 |
| Total Monthly Debt Service | $1,730 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2004
N/A 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
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
Condo
Built in 2004
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elena Gorbounova • RE/MAX Allegiance
Mls Name: Bright MLS
Mls ID: #VAAX2052952