3101 N Hampton Dr APT 407AlexandriaVA22302
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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 3101 N Hampton Dr APT 407, Alexandria, VA, 22302 uses $102,765 cash to close to unlock $9,794/yr annual cash flow and $816/mo monthly cash flow. Total monthly income runs $2,669/mo, and a $1,517/mo payment keeps the spread at $816/mo. Purchase price stands at $310,000, and rental yield measures 10.33% with $2,669/mo rent. Return on cash invested shows 29.44% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 153.7% and total cumulative return in cash records $157,951. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,669/mo property income covering a $1,517/mo payment rather than investor’s personal income.
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
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Listed by: Michelle Soto • Redfin Corporation
Mls Name: Bright MLS
Mls ID: #VAAX2048088